Ambassadors Group Inc
EPAX
EPAX was delisted on the 22nd of October, 2015.
35 hedge funds and large institutions have $42.8M invested in Ambassadors Group Inc in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 34 → 35 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
13% less capital invested
Capital invested by funds: $49.1M → $42.8M (-$6.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Willis Investment Counsel
Gainesville,
Georgia
|
+$118K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$104K |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$92.1K |
| 4 |
JGC
J. Goldman & Co
New York
|
+$68.7K |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$32.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCCM
Schafer Cullen Capital Management
New York
|
-$293K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$126K |
| 3 |
RA
Royce & Associates
New York
|
-$126K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$78.2K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$71.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
T. Rowe Price Associates
Baltimore,
Maryland
| $57K | – | – | – |
|
27
State Street
Boston,
Massachusetts
| $50K | – | – | – |
|
|
BGIM
28
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| $31K | +$32.6K | +7,760 | New |
|
|
BA
29
BlackRock Advisors
Wilmington,
Delaware
| $18K | +$5.83K | +1,385 | +45% |
|
|
U
30
UBS
Zurich,
Switzerland
| $16K | +$17.4K | +4,146 | New |
|
31
Morgan Stanley
New York
| $9K | -$65.5K | -15,573 | -87% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $6K | +$5.94K | +1,412 | New |
|
33
BNP Paribas Financial Markets
Paris,
France
| $1.59K | – | – | – |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4 | – | – | – |
|
|
SCCM
35
Schafer Cullen Capital Management
New York
| – | -$293K | -63,071 | Closed |
|
|
SIM
36
Spark Investment Management
New York
| – | -$63K | -13,900 | Closed |
|
37
Group One Trading
Chicago,
Illinois
| – | -$3K | -746 | Closed |
|
|
NFA
38
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1K | -201 | Closed |
|
EPAX Hedge Fund Activity: Q1 2014 in Review
35 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Ambassadors Group Inc (EPAX) for Q1 2014, worth a combined $42.8M — down 13% from $49.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new EPAX positions and 4 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Willis Investment Counsel, adding an estimated $118K. The largest seller was Schafer Cullen Capital Management, exiting entirely with an estimated $293K sold.
- 35 institutional investors held Ambassadors Group Inc (EPAX) as of Q1 2014, up from 34 in Q4 2013.
- Funds reported $42.8M of Ambassadors Group Inc stock for Q1 2014, down 13% quarter-over-quarter.
- 5 funds opened new Ambassadors Group Inc positions in Q1 2014 and 4 closed out, a net change of +1 holder.
- The largest Ambassadors Group Inc buyer in Q1 2014 was Willis Investment Counsel, an estimated $118K added.
- The largest Ambassadors Group Inc seller in Q1 2014 was Schafer Cullen Capital Management, an estimated $293K sold.
Based on aggregated 13F filings for Q1 2014.