EMERITUS CORP
ESC
ESC was delisted on the 30th of July, 2014.
119 hedge funds and large institutions have $1.29B invested in EMERITUS CORP in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 47 reducing their positions, and 13 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
4% more funds holding
Funds holding: 114 → 119 (+5)
3% more capital invested
Capital invested by funds: $1.26B → $1.29B (+$37.3M)
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
99% less call options, than puts
Call options by funds: $3K | Put options by funds: $228K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$77.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$52.4M |
| 3 |
Millennium Management
New York
|
+$17.2M |
| 4 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$11.7M |
| 5 |
Morgan Stanley
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.9M |
| 2 |
JP Morgan Chase
New York
|
-$32.7M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$24.4M |
| 4 |
LPC
Long Pond Capital
New York
|
-$23.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
126
Schneider Capital Management
Berwyn,
Pennsylvania
| – | -$469K | -14,928 | Closed |
|
127
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$387K | -12,300 | Closed |
|
128
Verition Fund Management
Greenwich,
Connecticut
| – | -$292K | -9,298 | Closed |
|
|
JG
129
Jefferies Group
New York
| – | -$248K | -7,880 | Closed |
|
|
TRCT
130
Tower Research Capital (TRC)
New York
| – | -$14K | -444 | Closed |
|
131
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$8K | -250 | Closed |
|
|
EFSCE
132
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -31 | Closed |
|
ESC Hedge Fund Activity: Q2 2014 in Review
119 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in EMERITUS CORP (ESC) for Q2 2014, worth a combined $1.29B — up 3% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ESC positions and 13 closed out — a net gain of 5 holders — while 37 added to existing stakes and 47 trimmed.
The largest buyer was Water Island Capital, adding an estimated $77.6M. The largest seller was Fidelity Investments, cutting an estimated $32.9M.
- 119 institutional investors held EMERITUS CORP (ESC) as of Q2 2014, up from 114 in Q1 2014.
- Funds reported $1.29B of EMERITUS CORP stock for Q2 2014, up 3% quarter-over-quarter.
- 18 funds opened new EMERITUS CORP positions in Q2 2014 and 13 closed out, a net change of +5 holders.
- The largest EMERITUS CORP buyer in Q2 2014 was Water Island Capital, an estimated $77.6M added.
- The largest EMERITUS CORP seller in Q2 2014 was Fidelity Investments, an estimated $32.9M sold.
Based on aggregated 13F filings for Q2 2014.