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ESC

EMERITUS CORP
ESC

Delisted

ESC was delisted on the 30th of July, 2014.

113 hedge funds and large institutions have $776M invested in EMERITUS CORP in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 34 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 34

1% more call options, than puts

Call options by funds: $545K | Put options by funds: $538K

14% less funds holding

Funds holding: 131113 (-18)

14% less capital invested

Capital invested by funds: $905M → $776M (-$129M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

55% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 31

Holders
113
Holders Change
-18
Holders Change %
-13.74%
% of All Funds
3.66%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
14
Increased
49
Reduced
34
Closed
31
Calls
$545K
Puts
$538K
Net Calls
+$7K
Net Calls Change
-$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$6.86M +$919K +40,900 +12%
Goldman Sachs
27
Goldman Sachs
New York
$6.59M +$1.26M +56,123 +19%
TCIM
28
TIAA CREF Investment Management
New York
$4.82M -$147K -6,525 -2%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$3.84M +$416K +18,512 +10%
Geode Capital Management
30
Geode Capital Management
Massachusetts
$3.26M +$366K +16,302 +10%
Renaissance Technologies
31
Renaissance Technologies
New York
$2.98M -$7.73M -344,100 -68%
Arrowstreet Capital
32
Arrowstreet Capital
Massachusetts
$2.96M +$170K +7,558 +5%
BPIM
33
Brant Point Investment Management
New York
$2.31M -$4.43M -197,200 -61%
CCIA
34
Campbell & Co Investment Adviser
Maryland
$2.19M +$2.66M +118,358 New
PCM
35
Penn Capital Management
Pennsylvania
$2.12M -$1.46M -64,966 -36%
BIM
36
BlackRock Investment Management
Delaware
$2.11M +$164K +7,280 +7%
PRCM
37
Pine River Capital Management
Minnesota
$2.06M +$2.06M +91,517 +470%
Charles Schwab
38
Charles Schwab
California
$1.86M -$574K -25,535 -21%
CS
39
Credit Suisse
Switzerland
$1.6M +$120K +5,348 +7%
WA
40
Whitebox Advisors
Minnesota
$1.53M -$450K -20,022 -19%
Thrivent Financial for Lutherans
41
Thrivent Financial for Lutherans
Minnesota
$1.45M +$1.75M +78,000 New
AllianceBernstein
42
AllianceBernstein
Tennessee
$1.44M +$66.7K +2,968 +4%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$1.43M +$362K +16,100 +26%
Bank of America
44
Bank of America
North Carolina
$1.39M -$222K -9,864 -12%
Deutsche Bank
45
Deutsche Bank
Germany
$1.35M -$866K -38,569 -35%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$1.34M +$49.5K +2,202 +3%
TA
47
Teachers Advisors
New York
$1.03M +$51.3K +2,285 +4%
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$890K -$20.3K -903 -2%
TC
49
TFS Capital
Pennsylvania
$886K -$3.63M -161,746 -77%
BCM
50
Bridgeway Capital Management
Texas
$886K -$13.7K -610 -1%

ESC Hedge Fund Activity: Q3 2013 in Review

113 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in EMERITUS CORP (ESC) for Q3 2013, worth a combined $776M — down 14% from $905M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of ESC and 14 opened new positions — a net loss of 17 holders — while 34 trimmed existing stakes and 49 added.

The largest buyer was CR Intrinsic Investors, opening a new position worth an estimated $28.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $22.5M sold.

  • 113 institutional investors held EMERITUS CORP (ESC) as of Q3 2013, down from 131 in Q2 2013.
  • Funds reported $776M of EMERITUS CORP stock for Q3 2013, down 14% quarter-over-quarter.
  • 14 funds opened new EMERITUS CORP positions in Q3 2013 and 31 closed out, a net change of -17 holders.
  • The largest EMERITUS CORP buyer in Q3 2013 was CR Intrinsic Investors, an estimated $28.6M added.
  • The largest EMERITUS CORP seller in Q3 2013 was Lord, Abbett & Co, an estimated $22.5M sold.

Based on aggregated 13F filings for Q3 2013.