Empire Resources, Inc.
ERS
ERS was delisted on the 5th of May, 2017.
13 hedge funds and large institutions have $2.2M invested in Empire Resources, Inc. in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
25% more capital invested
Capital invested by funds: $1.75M → $2.2M (+$445K)
13% less funds holding
Funds holding: 15 → 13 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$61K |
| 2 |
Renaissance Technologies
New York
|
+$52K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.29K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$258 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIC
Ironwood Investment Counsel
Scottsdale,
Arizona
|
-$179K |
| 2 |
MCM
Maple Capital Management
Montpelier,
Vermont
|
-$47K |
| 3 |
First Manhattan
New York
|
-$10.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$10.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
First Manhattan
New York
| $840K | -$10.5K | -2,314 | -1% |
|
|
PCM
2
Perritt Capital Management
Chicago,
Illinois
| $589K | – | – | – |
|
3
Vanguard Group
Malvern,
Pennsylvania
| $387K | – | – | – |
|
|
4
Renaissance Technologies
New York
| $227K | +$52K | +11,500 | +33% |
|
|
EGA
5
Eagle Global Advisors
Houston,
Texas
| $66K | +$61K | +13,500 | New |
|
|
FAAS
6
First Allied Advisory Services
San Diego,
California
| $58K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $10K | -$10.1K | -2,228 | -52% |
|
|
8
Acadian Asset Management
Boston,
Massachusetts
| $6K | +$5.29K | +1,171 | +1,626% |
|
|
BIM
9
BlackRock Investment Management
Wilmington,
Delaware
| $4K | – | – | – |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $4K | – | – | – |
|
|
BFA
11
BlackRock Fund Advisors
San Francisco,
California
| $4K | +$258 | +57 | +7% |
|
12
Morgan Stanley
New York
| $2K | – | – | – |
|
|
MCM
13
Maple Capital Management
Montpelier,
Vermont
| – | -$47K | -13,000 | Closed |
|
|
IIC
14
Ironwood Investment Counsel
Scottsdale,
Arizona
| – | -$179K | -11,332 | Closed |
|
ERS Hedge Fund Activity: Q3 2016 in Review
13 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Empire Resources, Inc. (ERS) for Q3 2016, worth a combined $2.2M — up 25% from $1.75M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ERS and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Eagle Global Advisors, opening a new position worth an estimated $61K. The largest seller was Ironwood Investment Counsel, exiting entirely with an estimated $179K sold.
- 13 institutional investors held Empire Resources, Inc. (ERS) as of Q3 2016, down from 15 in Q2 2016.
- Funds reported $2.2M of Empire Resources, Inc. stock for Q3 2016, up 25% quarter-over-quarter.
- 1 fund opened new Empire Resources, Inc. positions in Q3 2016 and 3 closed out, a net change of -2 holders.
- The largest Empire Resources, Inc. buyer in Q3 2016 was Eagle Global Advisors, an estimated $61K added.
- The largest Empire Resources, Inc. seller in Q3 2016 was Ironwood Investment Counsel, an estimated $179K sold.
Based on aggregated 13F filings for Q3 2016.