Emcor
228 hedge funds and large institutions have $2.57B invested in Emcor in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 94 increasing their positions, 80 reducing their positions, and 17 closing their positions.
504% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $173K
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
18% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 80
2% more funds holding
Funds holding: 224 → 228 (+4)
0.73% more ownership
Funds ownership: 97.09% → 97.82% (+0.73%)
3% less capital invested
Capital invested by funds: $2.65B → $2.57B (-$80.5M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$25M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$17.8M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$15M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$36.8M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$33.8M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$21.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$20.5M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$15.8M |
EME Hedge Fund Activity: Q3 2013 in Review
228 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Emcor (EME) for Q3 2013, worth a combined $2.57B — down 3% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new EME positions and 17 closed out — a net gain of 5 holders — while 94 added to existing stakes and 80 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $25M. The largest seller was Adage Capital Partners, cutting an estimated $36.8M.
- 228 institutional investors held Emcor (EME) as of Q3 2013, up from 224 in Q2 2013.
- Funds reported $2.57B of Emcor stock for Q3 2013, down 3% quarter-over-quarter.
- 22 funds opened new Emcor positions in Q3 2013 and 17 closed out, a net change of +5 holders.
- The largest Emcor buyer in Q3 2013 was TimesSquare Capital Management, an estimated $25M added.
- The largest Emcor seller in Q3 2013 was Adage Capital Partners, an estimated $36.8M sold.
Based on aggregated 13F filings for Q3 2013.