Empire Resources, Inc.
ERS
ERS was delisted on the 5th of May, 2017.
15 hedge funds and large institutions have $1.75M invested in Empire Resources, Inc. in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
29% more capital invested
Capital invested by funds: $1.36M → $1.75M (+$395K)
25% more funds holding
Funds holding: 12 → 15 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$103K |
| 2 |
MCM
Maple Capital Management
Montpelier,
Vermont
|
+$46.4K |
| 3 |
IIC
Ironwood Investment Counsel
Scottsdale,
Arizona
|
+$40.5K |
| 4 |
Renaissance Technologies
New York
|
+$8.57K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Evercore Wealth Management
New York
|
-$69K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$236 |
| 3 |
Morgan Stanley
New York
|
-$43 |
ERS Hedge Fund Activity: Q2 2016 in Review
15 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Empire Resources, Inc. (ERS) for Q2 2016, worth a combined $1.75M — up 29% from $1.36M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ERS positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was First Manhattan, adding an estimated $103K. The largest seller was Evercore Wealth Management, exiting entirely with an estimated $69K sold.
- 15 institutional investors held Empire Resources, Inc. (ERS) as of Q2 2016, up from 12 in Q1 2016.
- Funds reported $1.75M of Empire Resources, Inc. stock for Q2 2016, up 29% quarter-over-quarter.
- 4 funds opened new Empire Resources, Inc. positions in Q2 2016 and 1 closed out, a net change of +3 holders.
- The largest Empire Resources, Inc. buyer in Q2 2016 was First Manhattan, an estimated $103K added.
- The largest Empire Resources, Inc. seller in Q2 2016 was Evercore Wealth Management, an estimated $69K sold.
Based on aggregated 13F filings for Q2 2016.