Emergent Capital, Inc.
EMG
EMG was delisted on the 2nd of February, 2017.
4 hedge funds and large institutions have $171K invested in Emergent Capital, Inc. in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 31 closing their positions.
90% less funds holding
Funds holding: 41 → 4 (-37)
99% less capital invested
Capital invested by funds: $18.6M → $171K (-$18.5M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 31
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.88M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.43M |
| 3 |
HK
Horizon Kinetics
New York
|
-$1.88M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$921K |
| 5 |
2L
22NW LP
Seattle,
Washington
|
-$760K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of New York Mellon
New York
| – | -$32K | -26,038 | Closed |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$25K | -21,419 | Closed |
|
|
MAM
28
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$17K | -14,266 | Closed |
|
29
State Street
Boston,
Massachusetts
| – | -$17K | -13,397 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$16K | -13,235 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$10K | -8,461 | Closed |
|
|
NFA
32
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$4K | -2,976 | Closed |
|
33
Group One Trading
Chicago,
Illinois
| – | -$2K | -2,047 | Closed |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2K | -1,517 | Closed |
|
EMG Hedge Fund Activity: Q1 2017 in Review
4 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Emergent Capital, Inc. (EMG) for Q1 2017, worth a combined $171K — down 99% from $18.6M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of EMG and 0 opened new positions — a net loss of 31 holders — while 2 trimmed existing stakes and 0 added.
The largest seller was Bulldog Investors, exiting entirely with an estimated $4.88M sold.
- 4 institutional investors held Emergent Capital, Inc. (EMG) as of Q1 2017, down from 41 in Q4 2016.
- Funds reported $171K of Emergent Capital, Inc. stock for Q1 2017, down 99% quarter-over-quarter.
- 0 funds opened new Emergent Capital, Inc. positions in Q1 2017 and 31 closed out, a net change of -31 holders.
- The largest Emergent Capital, Inc. seller in Q1 2017 was Bulldog Investors, an estimated $4.88M sold.
Based on aggregated 13F filings for Q1 2017.