Energy Recovery
ERII
113 hedge funds and large institutions have $125M invested in Energy Recovery in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 12 closing their positions.
170% more call options, than puts
Call options by funds: $1.05M | Put options by funds: $388K
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
2% more funds holding
Funds holding: 111 → 113 (+2)
0.58% more ownership
Funds ownership: 34.02% → 34.6% (+0.58%)
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
23% less capital invested
Capital invested by funds: $163M → $125M (-$37.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$15.9M |
| 2 |
AC
Avenir Corporation
Alexandria,
Virginia
|
+$2.26M |
| 3 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
+$860K |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$774K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$4.84M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.63M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.25M |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
-$1.24M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.18M |
ERII Hedge Fund Activity: Q4 2018 in Review
113 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Energy Recovery (ERII) for Q4 2018, worth a combined $125M — down 23% from $163M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ERII positions and 12 closed out — a net gain of 3 holders — while 35 added to existing stakes and 35 trimmed.
The largest buyer was Trigran Investments, adding an estimated $15.9M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $4.84M sold.
- 113 institutional investors held Energy Recovery (ERII) as of Q4 2018, up from 111 in Q3 2018.
- Funds reported $125M of Energy Recovery stock for Q4 2018, down 23% quarter-over-quarter.
- 15 funds opened new Energy Recovery positions in Q4 2018 and 12 closed out, a net change of +3 holders.
- The largest Energy Recovery buyer in Q4 2018 was Trigran Investments, an estimated $15.9M added.
- The largest Energy Recovery seller in Q4 2018 was Encompass Capital Advisors, an estimated $4.84M sold.
Based on aggregated 13F filings for Q4 2018.