Energy Recovery
ERII
182 hedge funds and large institutions have $977M invested in Energy Recovery in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 75 increasing their positions, 56 reducing their positions, and 20 closing their positions.
607% more call options, than puts
Call options by funds: $4.06M | Put options by funds: $574K
34% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 56
2.14% more ownership
Funds ownership: 79.55% → 81.68% (+2.1%)
2% less funds holding
Funds holding: 186 → 182 (-4)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
22% less capital invested
Capital invested by funds: $1.25B → $977M (-$276M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.5M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$20.3M |
| 3 |
BlackRock
New York
|
+$8.59M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.8M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$30.8M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$29.5M |
| 3 |
Bank of New York Mellon
New York
|
-$14.1M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$7.08M |
| 5 |
SC
Scholtz & Company
Stamford,
Connecticut
|
-$3.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
201
Covestor
London,
United Kingdom
| – | -$214 | -8 | -36% |
|
202
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$587 | +22 | New |
|
ERII Hedge Fund Activity: Q3 2023 in Review
182 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Energy Recovery (ERII) for Q3 2023, worth a combined $977M — down 22% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ERII and 17 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 75 added.
The largest buyer was Fidelity Investments, adding an estimated $82.5M. The largest seller was Trigran Investments, cutting an estimated $30.8M.
- 182 institutional investors held Energy Recovery (ERII) as of Q3 2023, down from 186 in Q2 2023.
- Funds reported $977M of Energy Recovery stock for Q3 2023, down 22% quarter-over-quarter.
- 17 funds opened new Energy Recovery positions in Q3 2023 and 20 closed out, a net change of -3 holders.
- The largest Energy Recovery buyer in Q3 2023 was Fidelity Investments, an estimated $82.5M added.
- The largest Energy Recovery seller in Q3 2023 was Trigran Investments, an estimated $30.8M sold.
Based on aggregated 13F filings for Q3 2023.