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EPAX

Ambassadors Group Inc
EPAX

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 3025 (-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: 21 (-1)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
25
Holders Change
-5
Holders Change %
-16.67%
% of All Funds
0.67%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
3
Increased
4
Reduced
7
Closed
8
Calls
$15K
Puts
$13K
Net Calls
+$2K
Net Calls Change
+$2K
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
Bandera Partners
New York
$7.72M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$4.88M +$394K +159,282 +9%
Renaissance Technologies
3
Renaissance Technologies
New York
$2.13M +$34.4K +13,900 +2%
SPH
4
Steel Partners Holdings
New York
$1.9M
Vanguard Group
5
Vanguard Group
Pennsylvania
$1.33M +$20.3K +8,200 +2%
BIT
6
BlackRock Institutional Trust
California
$1.19M -$19.9K -8,036 -2%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$1M -$10.2K -4,135 -1%
SIG
8
Schaller Investment Group
North Carolina
$506K +$495K +200,000 New
Geode Capital Management
9
Geode Capital Management
Massachusetts
$191K +$483 +195 +0.3%
Hotchkis & Wiley Capital Management
10
Hotchkis & Wiley Capital Management
California
$158K
BCM
11
Buckhead Capital Management
Georgia
$152K +$148K +60,000 New
BFA
12
BlackRock Fund Advisors
California
$129K -$8.55K -3,456 -6%
Northern Trust
13
Northern Trust
Illinois
$114K -$7.2K -2,909 -6%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$87K
Bank of New York Mellon
15
Bank of New York Mellon
New York
$74K -$1.34K -543 -2%
BCM
16
Bridgeway Capital Management
Texas
$52K
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$36K
Goldman Sachs
18
Goldman Sachs
New York
$34K -$671 -271 -2%
State Street
19
State Street
Massachusetts
$29K
BA
20
BlackRock Advisors
Delaware
$11K
BIM
21
BlackRock Investment Management
Delaware
$5K
NFA
22
Nationwide Fund Advisors
Ohio
$1K
Deutsche Bank
23
Deutsche Bank
Germany
$1K +$1.05K +423 New
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2
MRCM
25
Mill Road Capital Management
Connecticut
-$1.99M -794,574 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.