Energy Recovery
ERII
106 hedge funds and large institutions have $152M invested in Energy Recovery in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 36 reducing their positions, and 18 closing their positions.
21% more capital invested
Capital invested by funds: $125M → $152M (+$26.7M)
4% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $1.23M
2.38% less ownership
Funds ownership: 34.6% → 32.22% (-2.4%)
6% less funds holding
Funds holding: 113 → 106 (-7)
31% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 36
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$4.32M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$2.14M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$924K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$878K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$802K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
-$8.62M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.88M |
| 3 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
-$1.63M |
| 4 |
Goldman Sachs
New York
|
-$1.31M |
| 5 |
JP Morgan Chase
New York
|
-$707K |
ERII Hedge Fund Activity: Q1 2019 in Review
106 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Energy Recovery (ERII) for Q1 2019, worth a combined $152M — up 21% from $125M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ERII and 11 opened new positions — a net loss of 7 holders — while 36 trimmed existing stakes and 25 added.
The largest buyer was Cortina Asset Management, opening a new position worth an estimated $4.32M. The largest seller was Nokomis Capital, exiting entirely with an estimated $8.62M sold.
- 106 institutional investors held Energy Recovery (ERII) as of Q1 2019, down from 113 in Q4 2018.
- Funds reported $152M of Energy Recovery stock for Q1 2019, up 21% quarter-over-quarter.
- 11 funds opened new Energy Recovery positions in Q1 2019 and 18 closed out, a net change of -7 holders.
- The largest Energy Recovery buyer in Q1 2019 was Cortina Asset Management, an estimated $4.32M added.
- The largest Energy Recovery seller in Q1 2019 was Nokomis Capital, an estimated $8.62M sold.
Based on aggregated 13F filings for Q1 2019.