Eastern Company
EML
52 hedge funds and large institutions have $124M invested in Eastern Company in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 2 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 2
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
63% more funds holding
Funds holding: 32 → 52 (+20)
63% more capital invested
Capital invested by funds: $76.4M → $124M (+$47.7M)
9.08% more ownership
Funds ownership: 56.94% → 66.02% (+9.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.56M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.96M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.58M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$1.24M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$932K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$766K |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$353K |
| 5 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$300K |
EML Hedge Fund Activity: Q2 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q2 2017, worth a combined $124M — up 63% from $76.4M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new EML positions and 2 closed out — a net gain of 20 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $6.56M. The largest seller was Norges Bank, exiting entirely with an estimated $1.24M sold.
- 52 institutional investors held Eastern Company (EML) as of Q2 2017, up from 32 in Q1 2017.
- Funds reported $124M of Eastern Company stock for Q2 2017, up 63% quarter-over-quarter.
- 22 funds opened new Eastern Company positions in Q2 2017 and 2 closed out, a net change of +20 holders.
- The largest Eastern Company buyer in Q2 2017 was BlackRock, an estimated $6.56M added.
- The largest Eastern Company seller in Q2 2017 was Norges Bank, an estimated $1.24M sold.
Based on aggregated 13F filings for Q2 2017.