Ambassadors Group Inc
EPAX
EPAX was delisted on the 22nd of October, 2015.
30 hedge funds and large institutions have $35.5M invested in Ambassadors Group Inc in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
19% less funds holding
Funds holding: 37 → 30 (-7)
28% less capital invested
Capital invested by funds: $49.6M → $35.5M (-$14.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$169K |
| 2 |
WIC
Willis Investment Counsel
Gainesville,
Georgia
|
+$103K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$49.4K |
| 4 |
Renaissance Technologies
New York
|
+$43.7K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$126K |
| 2 |
RC
RBF Capital
San Francisco,
California
|
-$67K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$33K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$18.5K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $11K | +$12.7K | +3,128 | New |
|
|
BIM
27
BlackRock Investment Management
Wilmington,
Delaware
| $7K | – | – | – |
|
|
NFA
28
Nationwide Fund Advisors
Columbus,
Ohio
| $1K | – | – | – |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3 | – | – | – |
|
|
SKK
30
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$126K | -27,323 | Closed |
|
|
RC
31
RBF Capital
San Francisco,
California
| – | -$67K | -14,426 | Closed |
|
|
32
Bank of America
Charlotte,
North Carolina
| – | -$33K | -7,080 | Closed |
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$9K | -2,095 | Closed |
|
|
U
34
UBS
Zurich,
Switzerland
| – | -$9K | -2,033 | Closed |
|
35
Citigroup
New York
| – | -$3K | -548 | Closed |
|
36
BNP Paribas Financial Markets
Paris,
France
| – | -$1.73K | -376 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$263 | -65 | -98% |
|
EPAX Hedge Fund Activity: Q3 2014 in Review
30 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Ambassadors Group Inc (EPAX) for Q3 2014, worth a combined $35.5M — down 28% from $49.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EPAX and 1 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, adding an estimated $169K. The largest seller was Shepherd Kaplan Krochuk, exiting entirely with an estimated $126K sold.
- 30 institutional investors held Ambassadors Group Inc (EPAX) as of Q3 2014, down from 37 in Q2 2014.
- Funds reported $35.5M of Ambassadors Group Inc stock for Q3 2014, down 28% quarter-over-quarter.
- 1 fund opened new Ambassadors Group Inc positions in Q3 2014 and 7 closed out, a net change of -6 holders.
- The largest Ambassadors Group Inc buyer in Q3 2014 was Morgan Stanley, an estimated $169K added.
- The largest Ambassadors Group Inc seller in Q3 2014 was Shepherd Kaplan Krochuk, an estimated $126K sold.
Based on aggregated 13F filings for Q3 2014.