East Resources Acquisition Company Unit
ERESU
ERESU was delisted on the 30th of June, 2023.
24 hedge funds and large institutions have $45.5M invested in East Resources Acquisition Company Unit in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 26 → 24 (-2)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
34% less capital invested
Capital invested by funds: $69M → $45.5M (-$23.4M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$145K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$35.1K |
| 3 |
M&T Bank
Buffalo,
New York
|
+$11.4K |
| 4 |
LPL Financial
San Diego,
California
|
+$8.17K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$10.3M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.09M |
| 3 |
Millennium Management
New York
|
-$2.28M |
| 4 |
ClearBridge Investments
New York
|
-$864K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$831K |
ERESU Hedge Fund Activity: Q3 2021 in Review
24 institutional investors reported a position in East Resources Acquisition Company Unit (ERESU) for Q3 2021, worth a combined $45.5M — down 34% from $69M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ERESU and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Virtu Financial, adding an estimated $145K. The largest seller was Alberta Investment Management Corp (AIMCo), exiting entirely with an estimated $10.3M sold.
- 24 institutional investors held East Resources Acquisition Company Unit (ERESU) as of Q3 2021, down from 26 in Q2 2021.
- Funds reported $45.5M of East Resources Acquisition Company Unit stock for Q3 2021, down 34% quarter-over-quarter.
- 1 fund opened new East Resources Acquisition Company Unit positions in Q3 2021 and 3 closed out, a net change of -2 holders.
- The largest East Resources Acquisition Company Unit buyer in Q3 2021 was Virtu Financial, an estimated $145K added.
- The largest East Resources Acquisition Company Unit seller in Q3 2021 was Alberta Investment Management Corp (AIMCo), an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2021.