Energy Recovery
ERII
121 hedge funds and large institutions have $191M invested in Energy Recovery in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 23 closing their positions.
82% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $788K
35.29% more ownership
Funds ownership: 0% → 35.29% (+35%)
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
4% more funds holding
Funds holding: 116 → 121 (+5)
20% less capital invested
Capital invested by funds: $239M → $191M (-$47.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$20.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$9.85M |
| 4 |
Millennium Management
New York
|
+$5.73M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$7.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.35M |
| 3 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$5.1M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$3.96M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.51M |
ERII Hedge Fund Activity: Q4 2016 in Review
121 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Energy Recovery (ERII) for Q4 2016, worth a combined $191M — down 20% from $239M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ERII positions and 23 closed out — a net gain of 8 holders — while 40 added to existing stakes and 32 trimmed.
The largest buyer was Wells Fargo, adding an estimated $20.2M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $7.6M sold.
- 121 institutional investors held Energy Recovery (ERII) as of Q4 2016, up from 116 in Q3 2016.
- Funds reported $191M of Energy Recovery stock for Q4 2016, down 20% quarter-over-quarter.
- 31 funds opened new Energy Recovery positions in Q4 2016 and 23 closed out, a net change of +8 holders.
- The largest Energy Recovery buyer in Q4 2016 was Wells Fargo, an estimated $20.2M added.
- The largest Energy Recovery seller in Q4 2016 was Bogle Investment Management, an estimated $7.6M sold.
Based on aggregated 13F filings for Q4 2016.