Energy Recovery
ERII
120 hedge funds and large institutions have $170M invested in Energy Recovery in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 12 closing their positions.
167% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 12
46% more call options, than puts
Call options by funds: $6.26M | Put options by funds: $4.3M
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
20% more capital invested
Capital invested by funds: $142M → $170M (+$28.3M)
19% more funds holding
Funds holding: 101 → 120 (+19)
2.75% more ownership
Funds ownership: 33.58% → 36.33% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.64M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
+$3.74M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$3.73M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$2.71M |
| 5 |
AIC
AWM Investment Company
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.5M |
| 2 |
Renaissance Technologies
New York
|
-$2.2M |
| 3 |
Goldman Sachs
New York
|
-$1.43M |
| 4 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$1.37M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
126
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$273K | -34,500 | Closed |
|
|
BCM
127
BlueCrest Capital Management
St Helier,
Jersey
| – | -$206K | -26,014 | Closed |
|
|
NFA
128
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$158K | -20,024 | Closed |
|
|
NPC
129
National Planning Corporation
El Segundo,
California
| – | -$148K | -18,743 | Closed |
|
|
GCP
130
GSA Capital Partners
London,
United Kingdom
| – | -$130K | -16,443 | Closed |
|
131
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$84K | -10,675 | Closed |
|
132
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$13K | -1,548 | Closed |
|
ERII Hedge Fund Activity: Q4 2017 in Review
120 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Energy Recovery (ERII) for Q4 2017, worth a combined $170M — up 20% from $142M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ERII positions and 12 closed out — a net gain of 20 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $4.64M. The largest seller was Millennium Management, cutting an estimated $10.5M.
- 120 institutional investors held Energy Recovery (ERII) as of Q4 2017, up from 101 in Q3 2017.
- Funds reported $170M of Energy Recovery stock for Q4 2017, up 20% quarter-over-quarter.
- 32 funds opened new Energy Recovery positions in Q4 2017 and 12 closed out, a net change of +20 holders.
- The largest Energy Recovery buyer in Q4 2017 was Driehaus Capital Management, an estimated $4.64M added.
- The largest Energy Recovery seller in Q4 2017 was Millennium Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2017.