East Resources Acquisition Company Unit
ERESU
ERESU was delisted on the 30th of June, 2023.
29 hedge funds and large institutions have $100M invested in East Resources Acquisition Company Unit in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 16 closing their positions.
26% less capital invested
Capital invested by funds: $136M → $100M (-$35.5M)
29% less funds holding
Funds holding: 41 → 29 (-12)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$419K |
| 2 |
ClearBridge Investments
New York
|
+$290K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$113K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$102K |
| 5 |
LPL Financial
San Diego,
California
|
+$4.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$8.82M |
| 2 |
Jane Street
New York
|
-$5.81M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.73M |
| 4 |
VF
Virtu Financial
New York
|
-$3.33M |
| 5 |
CIM
Cowen Investment Management
New York
|
-$2.91M |
ERESU Hedge Fund Activity: Q1 2021 in Review
29 institutional investors reported a position in East Resources Acquisition Company Unit (ERESU) for Q1 2021, worth a combined $100M — down 26% from $136M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ERESU and 4 opened new positions — a net loss of 12 holders — while 14 trimmed existing stakes and 4 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $419K. The largest seller was Nomura Holdings, cutting an estimated $8.82M.
- 29 institutional investors held East Resources Acquisition Company Unit (ERESU) as of Q1 2021, down from 41 in Q4 2020.
- Funds reported $100M of East Resources Acquisition Company Unit stock for Q1 2021, down 26% quarter-over-quarter.
- 4 funds opened new East Resources Acquisition Company Unit positions in Q1 2021 and 16 closed out, a net change of -12 holders.
- The largest East Resources Acquisition Company Unit buyer in Q1 2021 was Flow Traders U.S., an estimated $419K added.
- The largest East Resources Acquisition Company Unit seller in Q1 2021 was Nomura Holdings, an estimated $8.82M sold.
Based on aggregated 13F filings for Q1 2021.