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ESC

EMERITUS CORP
ESC

Delisted

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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 106114 (+8)

93% less call options, than puts

Call options by funds: $1.05M | Put options by funds: $14.1M

Holders
114
Holders Change
+8
Holders Change %
+7.55%
% of All Funds
3.29%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
30
Increased
40
Reduced
34
Closed
20
Calls
$1.05M
Puts
$14.1M
Net Calls
-$13.1M
Net Calls Change
-$4.17M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$114M -$91M -3,518,072 -49%
Capital World Investors
2
Capital World Investors
California
$111M +$20.7M +800,000 +29%
BAMCO Inc
3
BAMCO Inc
New York
$96.1M +$19.8M +765,478 +33%
Vanguard Group
4
Vanguard Group
Pennsylvania
$78.6M +$3.07M +118,666 +5%
WIC
5
Water Island Capital
New York
$72.7M +$59.8M +2,312,212 New
LPC
6
Long Pond Capital
New York
$50.3M -$27.9M -1,077,700 -40%
BIT
7
BlackRock Institutional Trust
California
$47.1M +$8.98M +346,982 +30%
JP Morgan Chase
8
JP Morgan Chase
New York
$42.8M -$3.62M -139,935 -9%
BFA
9
BlackRock Fund Advisors
California
$34.7M +$427K +16,505 +2%
Morgan Stanley
10
Morgan Stanley
New York
$30.5M +$20.2M +779,512 +408%
AQR Capital Management
11
AQR Capital Management
Connecticut
$28.2M +$23.2M +897,850 New
Adage Capital Partners
12
Adage Capital Partners
Massachusetts
$25.2M -$9.02M -348,480 -30%
Westfield Capital Management
13
Westfield Capital Management
Massachusetts
$24.4M -$304K -11,750 -1%
State Street
14
State Street
Massachusetts
$22.7M -$617K -23,854 -3%
HOAM
15
Halcyon Offshore Asset Management
New York
$21.9M +$18M +697,413 New
LIM
16
Longfellow Investment Management
Massachusetts
$19.4M +$16M +618,000 New
AAA
17
Alpine Associates Advisors
New Jersey
$19.3M +$15.9M +613,426 New
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$19.1M +$222K +8,583 +1%
CS
19
Credit Suisse
Switzerland
$18.5M +$12.4M +477,816 +427%
U
20
UBS
Switzerland
$18.4M +$15M +580,644 +18,486%
Barclays
21
Barclays
United Kingdom
$18M +$15M +579,610 +26,358%
Northern Trust
22
Northern Trust
Illinois
$17.3M -$1.15M -44,583 -7%
Citadel Advisors
23
Citadel Advisors
Florida
$16.7M -$9.41M -363,529 -41%
Millennium Management
24
Millennium Management
New York
$16.2M -$3.75M -144,749 -22%
Renaissance Technologies
25
Renaissance Technologies
New York
$14.9M +$12.3M +474,191 New

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.