Energy Recovery
ERII
95 hedge funds and large institutions have $176M invested in Energy Recovery in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 23 reducing their positions, and 17 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 23
19% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $1.02M
1.5% more ownership
Funds ownership: 33.08% → 34.58% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $188M → $176M (-$11.5M)
9% less funds holding
Funds holding: 104 → 95 (-9)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$9.22M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$6.22M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$3.79M |
| 4 |
AC
Avenir Corporation
Alexandria,
Virginia
|
+$1.28M |
| 5 |
RA
Royce & Associates
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.1M |
| 2 |
Goldman Sachs
New York
|
-$1.81M |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.76M |
| 4 |
6CM
683 Capital Management
New York
|
-$1.31M |
| 5 |
Morgan Stanley
New York
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$286K | -27,417 | Closed |
|
|
CCM
102
Community Capital Management
Plantation,
Florida
| – | -$240K | -23,036 | Closed |
|
|
II
103
Ibex Investors
Denver,
Colorado
| – | -$233 | -22,390 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$147K | -14,104 | Closed |
|
|
GCP
105
GSA Capital Partners
London,
United Kingdom
| – | -$131K | -12,583 | Closed |
|
|
DTL
106
Dynamic Technology Lab
Singapore
| – | -$115K | -11,080 | Closed |
|
107
Simplex Trading
Chicago,
Illinois
| – | -$55.1K | -5,460 | Closed |
|
108
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$40K | -3,800 | Closed |
|
|
TCA
109
Tortoise Capital Advisors
Overland Park,
Kansas
| – | -$22K | -2,068 | Closed |
|
110
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6K | -553 | Closed |
|
|
ACS
111
Archford Capital Strategies
Swansea,
Illinois
| – | -$5K | -500 | Closed |
|
|
PHK
112
Point72 Hong Kong
Hong Kong
| – | -$3K | -295 | Closed |
|
ERII Hedge Fund Activity: Q3 2019 in Review
95 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Energy Recovery (ERII) for Q3 2019, worth a combined $176M — down 6.1% from $188M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ERII and 10 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 41 added.
The largest buyer was Bank of New York Mellon, adding an estimated $9.22M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $3.1M sold.
- 95 institutional investors held Energy Recovery (ERII) as of Q3 2019, down from 104 in Q2 2019.
- Funds reported $176M of Energy Recovery stock for Q3 2019, down 6.1% quarter-over-quarter.
- 10 funds opened new Energy Recovery positions in Q3 2019 and 17 closed out, a net change of -7 holders.
- The largest Energy Recovery buyer in Q3 2019 was Bank of New York Mellon, an estimated $9.22M added.
- The largest Energy Recovery seller in Q3 2019 was Driehaus Capital Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2019.