Empire Resources, Inc.
ERS
ERS was delisted on the 5th of May, 2017.
7 hedge funds and large institutions have $579K invested in Empire Resources, Inc. in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
3% less capital invested
Capital invested by funds: $597K → $579K (-$18K)
13% less funds holding
Funds holding: 8 → 7 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$131K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$3.81K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$532 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$8.59K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
First Manhattan
New York
| $275K | +$131K | +30,422 | +72% |
|
2
Vanguard Group
Malvern,
Pennsylvania
| $95K | – | – | – |
|
|
FAAS
3
First Allied Advisory Services
San Diego,
California
| $89K | -$8.59K | -2,000 | -8% |
|
|
EWM
4
Evercore Wealth Management
New York
| $84K | – | – | – |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $32K | – | – | – |
|
|
U
6
UBS
Zurich,
Switzerland
| $4K | +$3.81K | +888 | +793% |
|
|
7
Bank of America
Charlotte,
North Carolina
| – | -$3K | -502 | Closed |
|
|
8
Wells Fargo
San Francisco,
California
| – | -$4 | -1 | Closed |
|
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$532 | +124 | New |
|
ERS Hedge Fund Activity: Q3 2013 in Review
7 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Empire Resources, Inc. (ERS) for Q3 2013, worth a combined $579K — down 3% from $597K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ERS and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was First Manhattan, adding an estimated $131K. The largest seller was First Allied Advisory Services, cutting an estimated $8.59K.
- 7 institutional investors held Empire Resources, Inc. (ERS) as of Q3 2013, down from 8 in Q2 2013.
- Funds reported $579K of Empire Resources, Inc. stock for Q3 2013, down 3% quarter-over-quarter.
- 1 fund opened new Empire Resources, Inc. positions in Q3 2013 and 2 closed out, a net change of -1 holder.
- The largest Empire Resources, Inc. buyer in Q3 2013 was First Manhattan, an estimated $131K added.
- The largest Empire Resources, Inc. seller in Q3 2013 was First Allied Advisory Services, an estimated $8.59K sold.
Based on aggregated 13F filings for Q3 2013.