EMERITUS CORP
ESC
ESC was delisted on the 30th of July, 2014.
106 hedge funds and large institutions have $879M invested in EMERITUS CORP in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 41 reducing their positions, and 28 closing their positions.
13% more capital invested
Capital invested by funds: $776M → $879M (+$103M)
6% less funds holding
Funds holding: 113 → 106 (-7)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
29% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 41
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
76% less call options, than puts
Call options by funds: $2.8M | Put options by funds: $11.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.3M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$10.9M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$10.2M |
| 4 |
LCM
LionEye Capital Management
New York
|
+$6.74M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$15.2M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$14.8M |
| 3 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
-$13.8M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$12.8M |
| 5 |
BAMCO Inc
New York
|
-$12.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STC
126
SEI Trust Company
Oaks,
Pennsylvania
| – | -$164K | -8,877 | Closed |
|
127
SG Americas Securities
New York
| – | -$141K | -7,635 | Closed |
|
|
QT
128
Quantbot Technologies
New York
| – | -$66K | -3,600 | Closed |
|
|
HIM
129
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$44K | -2,400 | Closed |
|
|
WTC
130
WhitTier Trust Company
Reno,
Nevada
| – | -$36K | -1,955 | Closed |
|
|
RFC
131
Russell Frank Company
Seattle,
Washington
| – | -$4K | -215 | Closed |
|
132
Envestnet Asset Management
Chicago,
Illinois
| – | -$3K | -157 | Closed |
|
|
WF
133
WealthTrust Fairport
Cleveland,
Ohio
| – | -$3K | -151 | Closed |
|
|
LTFS
134
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -29 | Closed |
|
ESC Hedge Fund Activity: Q4 2013 in Review
106 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in EMERITUS CORP (ESC) for Q4 2013, worth a combined $879M — up 13% from $776M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ESC and 21 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 29 added.
The largest buyer was Millennium Management, adding an estimated $13.3M. The largest seller was Cohen & Steers, cutting an estimated $15.2M.
- 106 institutional investors held EMERITUS CORP (ESC) as of Q4 2013, down from 113 in Q3 2013.
- Funds reported $879M of EMERITUS CORP stock for Q4 2013, up 13% quarter-over-quarter.
- 21 funds opened new EMERITUS CORP positions in Q4 2013 and 28 closed out, a net change of -7 holders.
- The largest EMERITUS CORP buyer in Q4 2013 was Millennium Management, an estimated $13.3M added.
- The largest EMERITUS CORP seller in Q4 2013 was Cohen & Steers, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2013.