Eastern Company
EML
35 hedge funds and large institutions have $50.7M invested in Eastern Company in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
3% more funds holding
Funds holding: 34 → 35 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $51.5M → $50.7M (-$774K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$637K |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$594K |
| 3 |
Morgan Stanley
New York
|
+$344K |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$271K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NSB Advisors
Fishkill,
New York
|
-$1.78M |
| 2 |
Goldman Sachs
New York
|
-$220K |
| 3 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
-$201K |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$107K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $59K | +$12.5K | +744 | +25% |
|
|
BIT
27
BlackRock Institutional Trust
San Francisco,
California
| $42K | – | – | – |
|
|
BA
28
BlackRock Advisors
Wilmington,
Delaware
| $18K | – | – | – |
|
|
U
29
UBS
Zurich,
Switzerland
| $16K | +$16.9K | +1,007 | New |
|
|
NES
30
New England Securities
New York
| $12K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $2K | +$201 | +12 | +14% |
|
32
Envestnet Asset Management
Chicago,
Illinois
| $1K | +$1.36K | +81 | New |
|
33
BNP Paribas Financial Markets
Paris,
France
| $255 | +$268 | +16 | New |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10 | +$7.06K | +421 | +186% |
|
|
35
Goldman Sachs
New York
| – | -$220K | -13,628 | Closed |
|
|
TCT
36
TIAA CREF Trust
St Louis,
Missouri
| – | -$201K | -12,441 | Closed |
|
|
37
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -734 | Closed |
|
38
Citigroup
New York
| – | -$268 | -16 | -64% |
|
EML Hedge Fund Activity: Q4 2013 in Review
35 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q4 2013, worth a combined $50.7M — down 1.5% from $51.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EML positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 11 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $637K. The largest seller was NSB Advisors, cutting an estimated $1.78M.
- 35 institutional investors held Eastern Company (EML) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $50.7M of Eastern Company stock for Q4 2013, down 1.5% quarter-over-quarter.
- 4 funds opened new Eastern Company positions in Q4 2013 and 3 closed out, a net change of +1 holder.
- The largest Eastern Company buyer in Q4 2013 was JP Morgan Chase, an estimated $637K added.
- The largest Eastern Company seller in Q4 2013 was NSB Advisors, an estimated $1.78M sold.
Based on aggregated 13F filings for Q4 2013.