Eastern Company
EML
49 hedge funds and large institutions have $150M invested in Eastern Company in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
58% more capital invested
Capital invested by funds: $94.6M → $150M (+$55M)
17% more funds holding
Funds holding: 42 → 49 (+7)
1.77% more ownership
Funds ownership: 69.07% → 70.84% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1M |
| 2 |
Jane Street
New York
|
+$624K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$514K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$365K |
| 5 |
Goldman Sachs
New York
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$404K |
| 2 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
-$333K |
| 3 |
TA
Teton Advisors
Rye,
New York
|
-$320K |
| 4 |
Renaissance Technologies
New York
|
-$305K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| – | -$52.1K | -2,370 | Closed |
|
EML Hedge Fund Activity: Q1 2024 in Review
49 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q1 2024, worth a combined $150M — up 58% from $94.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EML positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $1M. The largest seller was North Star Investment Management, cutting an estimated $404K.
- 49 institutional investors held Eastern Company (EML) as of Q1 2024, up from 42 in Q4 2023.
- Funds reported $150M of Eastern Company stock for Q1 2024, up 58% quarter-over-quarter.
- 9 funds opened new Eastern Company positions in Q1 2024 and 2 closed out, a net change of +7 holders.
- The largest Eastern Company buyer in Q1 2024 was Millennium Management, an estimated $1M added.
- The largest Eastern Company seller in Q1 2024 was North Star Investment Management, an estimated $404K sold.
Based on aggregated 13F filings for Q1 2024.