Eastern Company
EML
52 hedge funds and large institutions have $125M invested in Eastern Company in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 4 closing their positions.
23% more capital invested
Capital invested by funds: $102M → $125M (+$23.4M)
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
0.01% more ownership
Funds ownership: 65.81% → 65.82% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 54 → 52 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$580K |
| 2 |
Morgan Stanley
New York
|
+$154K |
| 3 |
JP Morgan Chase
New York
|
+$139K |
| 4 |
State Street
Boston,
Massachusetts
|
+$122K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$83.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$447K |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$275K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$232K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$86.8K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$67.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
51
Meeder Asset Management
Dublin,
Ohio
| $2K | – | – | – |
|
52
Canada Life
Winnipeg,
Manitoba, Canada
| $2K | +$1.46K | +52 | New |
|
|
PCM
53
Prelude Capital Management
New York
| – | -$34K | -1,388 | Closed |
|
54
Victory Capital Management
San Antonio,
Texas
| – | -$22K | -887 | Closed |
|
55
First Manhattan
New York
| – | -$16K | -675 | Closed |
|
EML Hedge Fund Activity: Q4 2019 in Review
52 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q4 2019, worth a combined $125M — up 23% from $102M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EML and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 17 added.
The largest buyer was Manatuck Hill Partners, opening a new position worth an estimated $580K. The largest seller was Minerva Advisors, cutting an estimated $447K.
- 52 institutional investors held Eastern Company (EML) as of Q4 2019, down from 54 in Q3 2019.
- Funds reported $125M of Eastern Company stock for Q4 2019, up 23% quarter-over-quarter.
- 3 funds opened new Eastern Company positions in Q4 2019 and 4 closed out, a net change of -1 holder.
- The largest Eastern Company buyer in Q4 2019 was Manatuck Hill Partners, an estimated $580K added.
- The largest Eastern Company seller in Q4 2019 was Minerva Advisors, an estimated $447K sold.
Based on aggregated 13F filings for Q4 2019.