Eastern Company
EML
38 hedge funds and large institutions have $72.8M invested in Eastern Company in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5.16% more ownership
Funds ownership: 62.28% → 67.44% (+5.2%)
3% more funds holding
Funds holding: 37 → 38 (+1)
8% less capital invested
Capital invested by funds: $78.9M → $72.8M (-$6.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$4.4M |
| 2 |
FCM
Forager Capital Management
Birmingham,
Alabama
|
+$1.41M |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$794K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$55.5K |
| 5 |
Millennium Management
New York
|
+$43.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$320K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$210K |
| 3 |
BlackRock
New York
|
-$185K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
-$28.4K |
| 5 |
CSC
Cove Street Capital
El Segundo,
California
|
-$21.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Millennium Management
New York
| $216K | +$43.6K | +2,151 | +21% |
|
|
LWCFA
27
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $121K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $70K | -$9.99K | -493 | -11% |
|
29
Morgan Stanley
New York
| $66K | +$3.3K | +163 | +4% |
|
30
Bank of America
Charlotte,
North Carolina
| $52K | – | – | – |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $36K | – | – | – |
|
32
US Bancorp
Minneapolis,
Minnesota
| $17K | – | – | – |
|
|
SWA
33
SOA Wealth Advisors
New York
| $16K | – | – | – |
|
|
WIM
34
Wilen Investment Management
Bonita Springs,
Florida
| $15K | – | – | – |
|
|
CSC
35
Cove Street Capital
El Segundo,
California
| $5K | -$21.2K | -1,044 | -77% |
|
|
TF
36
TimeScale Financial
Danvers,
Massachusetts
| $3K | -$20 | -1 | -0.6% |
|
37
BNP Paribas Financial Markets
Paris,
France
| $1.06K | – | – | – |
|
|
RMC
38
Resources Management Corp
West Hartford,
Connecticut
| – | -$15K | -750 | Closed |
|
EML Hedge Fund Activity: Q3 2022 in Review
38 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q3 2022, worth a combined $72.8M — down 7.7% from $78.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new EML positions and 1 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $4.4M. The largest seller was Renaissance Technologies, cutting an estimated $320K.
- 38 institutional investors held Eastern Company (EML) as of Q3 2022, up from 37 in Q2 2022.
- Funds reported $72.8M of Eastern Company stock for Q3 2022, down 7.7% quarter-over-quarter.
- 2 funds opened new Eastern Company positions in Q3 2022 and 1 closed out, a net change of +1 holder.
- The largest Eastern Company buyer in Q3 2022 was Russell Investments Group, an estimated $4.4M added.
- The largest Eastern Company seller in Q3 2022 was Renaissance Technologies, an estimated $320K sold.
Based on aggregated 13F filings for Q3 2022.