EMERITUS CORP
ESC
ESC was delisted on the 30th of July, 2014.
114 hedge funds and large institutions have $1.26B invested in EMERITUS CORP in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
43% more capital invested
Capital invested by funds: $879M → $1.26B (+$377M)
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
8% more funds holding
Funds holding: 106 → 114 (+8)
93% less call options, than puts
Call options by funds: $1.05M | Put options by funds: $14.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$59.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23.2M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$20.7M |
| 4 |
Morgan Stanley
New York
|
+$20.2M |
| 5 |
BAMCO Inc
New York
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$91M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$39.3M |
| 3 |
GC
GW Capital
Bellevue,
Washington
|
-$32.9M |
| 4 |
LPC
Long Pond Capital
New York
|
-$27.9M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$24.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
KeyBank National Association
Cleveland,
Ohio
| – | -$532K | -24,588 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$539K | -20,851 | Closed |
|
|
PG
128
PEAK6 Group
Chicago,
Illinois
| – | -$469K | -18,120 | Closed |
|
|
FCH
129
Freestone Capital Holdings
Seattle,
Washington
| – | -$275K | -12,700 | Closed |
|
|
DTL
130
Dynamic Technology Lab
Singapore
| – | -$228K | -10,611 | Closed |
|
|
LCM
131
Landscape Capital Management
Englewood,
New Jersey
| – | -$208K | -9,600 | Closed |
|
132
Axa
Paris,
France
| – | -$35K | -1,600 | Closed |
|
|
PL
133
Parkwood LLC
Cleveland,
Ohio
| – | -$26K | -1,194 | Closed |
|
|
BC
134
Bartlett & Co
Cincinnati,
Ohio
| – | -$2K | -75 | Closed |
|
ESC Hedge Fund Activity: Q1 2014 in Review
114 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in EMERITUS CORP (ESC) for Q1 2014, worth a combined $1.26B — up 43% from $879M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ESC positions and 20 closed out — a net gain of 10 holders — while 40 added to existing stakes and 34 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $59.8M. The largest seller was Fidelity Investments, cutting an estimated $91M.
- 114 institutional investors held EMERITUS CORP (ESC) as of Q1 2014, up from 106 in Q4 2013.
- Funds reported $1.26B of EMERITUS CORP stock for Q1 2014, up 43% quarter-over-quarter.
- 30 funds opened new EMERITUS CORP positions in Q1 2014 and 20 closed out, a net change of +10 holders.
- The largest EMERITUS CORP buyer in Q1 2014 was Water Island Capital, an estimated $59.8M added.
- The largest EMERITUS CORP seller in Q1 2014 was Fidelity Investments, an estimated $91M sold.
Based on aggregated 13F filings for Q1 2014.