Eastern Company
EML
35 hedge funds and large institutions have $46.6M invested in Eastern Company in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $48.4M → $46.6M (-$1.8M)
5% less funds holding
Funds holding: 37 → 35 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
+$5.5M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$2.62M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$381K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$373K |
| 5 |
Renaissance Technologies
New York
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.97M |
| 2 |
SPH
Steel Partners Holdings
New York
|
-$431K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$334K |
| 4 |
EM
Emancipation Management
New York
|
-$312K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$195K |
EML Hedge Fund Activity: Q3 2015 in Review
35 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Eastern Company (EML) for Q3 2015, worth a combined $46.6M — down 3.7% from $48.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EML and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Teton Advisors, opening a new position worth an estimated $5.5M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $2.97M sold.
- 35 institutional investors held Eastern Company (EML) as of Q3 2015, down from 37 in Q2 2015.
- Funds reported $46.6M of Eastern Company stock for Q3 2015, down 3.7% quarter-over-quarter.
- 3 funds opened new Eastern Company positions in Q3 2015 and 5 closed out, a net change of -2 holders.
- The largest Eastern Company buyer in Q3 2015 was Teton Advisors, an estimated $5.5M added.
- The largest Eastern Company seller in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $2.97M sold.
Based on aggregated 13F filings for Q3 2015.