Emergent Capital, Inc.
EMG
EMG was delisted on the 2nd of February, 2017.
44 hedge funds and large institutions have $43.3M invested in Emergent Capital, Inc. in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
7% more funds holding
Funds holding: 41 → 44 (+3)
16% less capital invested
Capital invested by funds: $51.6M → $43.3M (-$8.39M)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$228K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$206K |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$159K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$158K |
| 5 |
Renaissance Technologies
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$702K |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
-$478K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$291K |
| 4 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$278K |
| 5 |
Morgan Stanley
New York
|
-$241K |
EMG Hedge Fund Activity: Q3 2016 in Review
44 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Emergent Capital, Inc. (EMG) for Q3 2016, worth a combined $43.3M — down 16% from $51.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EMG positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Oxford Asset Management, opening a new position worth an estimated $228K. The largest seller was Horizon Kinetics, cutting an estimated $702K.
- 44 institutional investors held Emergent Capital, Inc. (EMG) as of Q3 2016, up from 41 in Q2 2016.
- Funds reported $43.3M of Emergent Capital, Inc. stock for Q3 2016, down 16% quarter-over-quarter.
- 6 funds opened new Emergent Capital, Inc. positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest Emergent Capital, Inc. buyer in Q3 2016 was Oxford Asset Management, an estimated $228K added.
- The largest Emergent Capital, Inc. seller in Q3 2016 was Horizon Kinetics, an estimated $702K sold.
Based on aggregated 13F filings for Q3 2016.