EMERITUS CORP
ESC
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.
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: 131 → 113 (-18)
14% less capital invested
Capital invested by funds: $905M → $776M (-$129M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
+$28.6M |
| 2 |
LPC
Long Pond Capital
New York
|
+$19M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$17.4M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$17.3M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.5M |
| 2 |
Millennium Management
New York
|
-$10.1M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.9M |
| 4 |
Renaissance Technologies
New York
|
-$7.73M |
| 5 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$5.96M |
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.