Eastern Company
EML
48 hedge funds and large institutions have $79.9M invested in Eastern Company in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 6 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 16
0.1% more ownership
Funds ownership: 65.82% → 65.92% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 52 → 48 (-4)
36% less capital invested
Capital invested by funds: $125M → $79.9M (-$45.4M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$385K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$353K |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$252K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$244K |
| 5 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$293K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$279K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$266K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$204K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
RhumbLine Advisers
Boston,
Massachusetts
| – | -$266K | -8,710 | Closed |
|
|
52
Russell Investments Group
London,
United Kingdom
| – | -$167K | -5,500 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$22K | -705 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | -$9K | -279 | Closed |
|
EML Hedge Fund Activity: Q1 2020 in Review
48 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q1 2020, worth a combined $79.9M — down 36% from $125M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EML and 3 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $385K. The largest seller was Nuveen, exiting entirely with an estimated $293K sold.
- 48 institutional investors held Eastern Company (EML) as of Q1 2020, down from 52 in Q4 2019.
- Funds reported $79.9M of Eastern Company stock for Q1 2020, down 36% quarter-over-quarter.
- 3 funds opened new Eastern Company positions in Q1 2020 and 6 closed out, a net change of -3 holders.
- The largest Eastern Company buyer in Q1 2020 was Morgan Stanley, an estimated $385K added.
- The largest Eastern Company seller in Q1 2020 was Nuveen, an estimated $293K sold.
Based on aggregated 13F filings for Q1 2020.