Emergent Capital, Inc.
EMG
EMG was delisted on the 2nd of February, 2017.
47 hedge funds and large institutions have $60.5M invested in Emergent Capital, Inc. in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 45 → 47 (+2)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
23% less capital invested
Capital invested by funds: $78.3M → $60.5M (-$17.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$17.7M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.97M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$1.82M |
| 4 |
NA
NS Advisors
Westport,
Connecticut
|
+$1.55M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$710K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$11.5M |
| 2 |
CIG
Candlewood Investment Group
Rye,
New York
|
-$2.87M |
| 3 |
KCM
Keane Capital Management
Charlotte,
North Carolina
|
-$2.37M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$1.07M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$896K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
51
Deere & Company
Moline,
Illinois
| – | -$130K | -23,926 | Closed |
|
52
Invesco
Atlanta,
Georgia
| – | -$67K | -12,259 | Closed |
|
|
BGIM
53
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$40K | -7,230 | Closed |
|
54
Axa
Paris,
France
| – | -$2K | -371 | Closed |
|
|
CG
55
Cutler Group
San Francisco,
California
| – | +$438 | +100 | New |
|
EMG Hedge Fund Activity: Q4 2015 in Review
47 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Emergent Capital, Inc. (EMG) for Q4 2015, worth a combined $60.5M — down 23% from $78.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EMG positions and 8 closed out — a net gain of 2 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $17.7M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $11.5M sold.
- 47 institutional investors held Emergent Capital, Inc. (EMG) as of Q4 2015, up from 45 in Q3 2015.
- Funds reported $60.5M of Emergent Capital, Inc. stock for Q4 2015, down 23% quarter-over-quarter.
- 10 funds opened new Emergent Capital, Inc. positions in Q4 2015 and 8 closed out, a net change of +2 holders.
- The largest Emergent Capital, Inc. buyer in Q4 2015 was Bulldog Investors, an estimated $17.7M added.
- The largest Emergent Capital, Inc. seller in Q4 2015 was Indaba Capital Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2015.