Eastern Company
EML
36 hedge funds and large institutions have $65.1M invested in Eastern Company in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 3 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more capital invested
Capital invested by funds: $46.6M → $65.1M (+$18.5M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 35 → 36 (+1)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
+$524K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$400K |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$189K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$151K |
| 5 |
Renaissance Technologies
New York
|
+$99.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
-$233K |
| 2 |
Morgan Stanley
New York
|
-$116K |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$99.4K |
| 4 |
RA
Royce & Associates
New York
|
-$44.7K |
| 5 |
Bank of New York Mellon
New York
|
-$40.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TH
26
Timber Hill
Greenwich,
Connecticut
| $239K | -$6.03K | -351 | -3% |
|
|
RDM
27
Retirement Design & Management
Westport,
Connecticut
| $222K | – | – | – |
|
|
SKK
28
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $207K | +$189K | +11,014 | New |
|
29
UBS Group
Zurich,
Switzerland
| $111K | -$25.7K | -1,495 | -20% |
|
|
BIT
30
BlackRock Institutional Trust
San Francisco,
California
| $70K | – | – | – |
|
31
Bessemer Group
Woodbridge,
New Jersey
| $68K | +$61.8K | +3,597 | New |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $67K | -$13.8K | -801 | -18% |
|
|
BIM
33
BlackRock Investment Management
Wilmington,
Delaware
| $21K | +$1.24K | +72 | +7% |
|
|
MFS
34
MSI Financial Services
Springfield,
Massachusetts
| $14K | – | – | – |
|
35
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
PCM
36
Prelude Capital Management
New York
| – | -$32K | -2,000 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$12.6K | -735 | -98% |
|
38
Citigroup
New York
| – | -$2K | -98 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | -$17 | -1 | Closed |
|
EML Hedge Fund Activity: Q4 2015 in Review
36 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q4 2015, worth a combined $65.1M — up 40% from $46.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EML positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Bailard, opening a new position worth an estimated $524K. The largest seller was Emancipation Management, cutting an estimated $233K.
- 36 institutional investors held Eastern Company (EML) as of Q4 2015, up from 35 in Q3 2015.
- Funds reported $65.1M of Eastern Company stock for Q4 2015, up 40% quarter-over-quarter.
- 4 funds opened new Eastern Company positions in Q4 2015 and 3 closed out, a net change of +1 holder.
- The largest Eastern Company buyer in Q4 2015 was Bailard, an estimated $524K added.
- The largest Eastern Company seller in Q4 2015 was Emancipation Management, an estimated $233K sold.
Based on aggregated 13F filings for Q4 2015.