Emergent Capital, Inc.
EMG
EMG was delisted on the 2nd of February, 2017.
41 hedge funds and large institutions have $62.7M invested in Emergent Capital, Inc. in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
4% more capital invested
Capital invested by funds: $60.5M → $62.7M (+$2.25M)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
13% less funds holding
Funds holding: 47 → 41 (-6)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$862K |
| 2 |
NA
NS Advisors
Westport,
Connecticut
|
+$605K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$365K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$219K |
| 5 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$2.33M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.16M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$385K |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$385K |
| 5 |
HK
Horizon Kinetics
New York
|
-$277K |
EMG Hedge Fund Activity: Q1 2016 in Review
41 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Emergent Capital, Inc. (EMG) for Q1 2016, worth a combined $62.7M — up 3.7% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EMG and 3 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 12 added.
The largest buyer was Ancora Advisors, adding an estimated $862K. The largest seller was Discovery Capital Management, exiting entirely with an estimated $2.33M sold.
- 41 institutional investors held Emergent Capital, Inc. (EMG) as of Q1 2016, down from 47 in Q4 2015.
- Funds reported $62.7M of Emergent Capital, Inc. stock for Q1 2016, up 3.7% quarter-over-quarter.
- 3 funds opened new Emergent Capital, Inc. positions in Q1 2016 and 8 closed out, a net change of -5 holders.
- The largest Emergent Capital, Inc. buyer in Q1 2016 was Ancora Advisors, an estimated $862K added.
- The largest Emergent Capital, Inc. seller in Q1 2016 was Discovery Capital Management, an estimated $2.33M sold.
Based on aggregated 13F filings for Q1 2016.