Emerge Energy Services LP
EMES
EMES was delisted on the 31st of May, 2019.
50 hedge funds and large institutions have $58M invested in Emerge Energy Services LP in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 9 closing their positions.
7.68% less ownership
Funds ownership: 31.01% → 23.33% (-7.7%)
11% less funds holding
Funds holding: 56 → 50 (-6)
31% less capital invested
Capital invested by funds: $84.1M → $58M (-$26.1M)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
41% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $18.1M
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$1.11M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$896K |
| 3 |
Barclays
London,
United Kingdom
|
+$497K |
| 4 |
LPL Financial
San Diego,
California
|
+$211K |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.59M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.03M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.12M |
| 4 |
Goldman Sachs
New York
|
-$2.1M |
| 5 |
Morgan Stanley
New York
|
-$2.07M |
EMES Hedge Fund Activity: Q3 2017 in Review
50 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Emerge Energy Services LP (EMES) for Q3 2017, worth a combined $58M — down 31% from $84.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EMES and 5 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 13 added.
The largest buyer was SG Capital Management, opening a new position worth an estimated $1.11M. The largest seller was UBS Group, cutting an estimated $3.59M.
- 50 institutional investors held Emerge Energy Services LP (EMES) as of Q3 2017, down from 56 in Q2 2017.
- Funds reported $58M of Emerge Energy Services LP stock for Q3 2017, down 31% quarter-over-quarter.
- 5 funds opened new Emerge Energy Services LP positions in Q3 2017 and 9 closed out, a net change of -4 holders.
- The largest Emerge Energy Services LP buyer in Q3 2017 was SG Capital Management, an estimated $1.11M added.
- The largest Emerge Energy Services LP seller in Q3 2017 was UBS Group, an estimated $3.59M sold.
Based on aggregated 13F filings for Q3 2017.