Ambassadors Group Inc
EPAX
EPAX was delisted on the 22nd of October, 2015.
25 hedge funds and large institutions have $21.7M invested in Ambassadors Group Inc in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 8 closing their positions.
15% more call options, than puts
Call options by funds: $15K | Put options by funds: $13K
4% less capital invested
Capital invested by funds: $22.7M → $21.7M (-$1.01M)
17% less funds holding
Funds holding: 30 → 25 (-5)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Schaller Investment Group
Winston Salem,
North Carolina
|
+$495K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$394K |
| 3 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$148K |
| 4 |
Renaissance Technologies
New York
|
+$34.4K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
-$1.99M |
| 2 |
RA
Royce & Associates
New York
|
-$80K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$79K |
| 4 |
Morgan Stanley
New York
|
-$77.9K |
| 5 |
D.E. Shaw & Co
New York
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
26
Royce & Associates
New York
| – | -$80K | -32,100 | Closed |
|
|
27
Morgan Stanley
New York
| – | -$77.9K | -31,500 | -100% |
|
|
28
US Bancorp
Minneapolis,
Minnesota
| – | -$79K | -31,500 | Closed |
|
|
29
D.E. Shaw & Co
New York
| – | -$61K | -24,527 | Closed |
|
30
Wells Fargo
San Francisco,
California
| – | -$10.8K | -4,385 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$10K | -3,827 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$9K | -3,665 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$2K | -628 | Closed |
|
EPAX Hedge Fund Activity: Q1 2015 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ambassadors Group Inc (EPAX) for Q1 2015, worth a combined $21.7M — down 4.4% from $22.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EPAX and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Schaller Investment Group, opening a new position worth an estimated $495K. The largest seller was Mill Road Capital Management, exiting entirely with an estimated $1.99M sold.
- 25 institutional investors held Ambassadors Group Inc (EPAX) as of Q1 2015, down from 30 in Q4 2014.
- Funds reported $21.7M of Ambassadors Group Inc stock for Q1 2015, down 4.4% quarter-over-quarter.
- 3 funds opened new Ambassadors Group Inc positions in Q1 2015 and 8 closed out, a net change of -5 holders.
- The largest Ambassadors Group Inc buyer in Q1 2015 was Schaller Investment Group, an estimated $495K added.
- The largest Ambassadors Group Inc seller in Q1 2015 was Mill Road Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q1 2015.