ITT EDUCATIONAL SERVICES INC
ESI was delisted on the 2nd of September, 2016.
129 hedge funds and large institutions have $111M invested in ITT EDUCATIONAL SERVICES INC in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 54 closing their positions.
95% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $6.38M
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less funds holding
Funds holding: 158 → 129 (-29)
54% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 54
77% less capital invested
Capital invested by funds: $493M → $111M (-$382M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$15.8M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$6.85M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.86M |
| 4 |
Renaissance Technologies
New York
|
+$3.18M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$12.6M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$10.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.3M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$9.18M |
| 5 |
RA
Royce & Associates
New York
|
-$8.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
176
Advisors Preferred
Rockville,
Maryland
| – | -$4.29K | -257 | Closed |
|
177
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -130 | Closed |
|
|
LTFS
178
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$2K | -94 | Closed |
|
179
Creative Planning
Overland Park,
Kansas
| – | +$270 | +26 | New |
|
|
GAM
180
Gemmer Asset Management
Walnut Creek,
California
| – | +$675 | +65 | +464% |
|
|
GC
181
Globeflex Capital
San Diego,
California
| – | +$1.03K | +99 | New |
|
182
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$2.08K | +200 | +215% |
|
ESI Hedge Fund Activity: Q3 2014 in Review
129 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ITT EDUCATIONAL SERVICES INC (ESI) for Q3 2014, worth a combined $111M — down 77% from $493M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of ESI and 25 opened new positions — a net loss of 29 holders — while 38 trimmed existing stakes and 45 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $15.8M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $12.6M sold.
- 129 institutional investors held ITT EDUCATIONAL SERVICES INC (ESI) as of Q3 2014, down from 158 in Q2 2014.
- Funds reported $111M of ITT EDUCATIONAL SERVICES INC stock for Q3 2014, down 77% quarter-over-quarter.
- 25 funds opened new ITT EDUCATIONAL SERVICES INC positions in Q3 2014 and 54 closed out, a net change of -29 holders.
- The largest ITT EDUCATIONAL SERVICES INC buyer in Q3 2014 was Capital World Investors, an estimated $15.8M added.
- The largest ITT EDUCATIONAL SERVICES INC seller in Q3 2014 was Columbia Wanger Asset Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q3 2014.