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ESI

ITT EDUCATIONAL SERVICES INC

Delisted

ESI was delisted on the 2nd of September, 2016.

108 hedge funds and large institutions have $226M invested in ITT EDUCATIONAL SERVICES INC in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 45 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more capital invested

Capital invested by funds: $111M → $226M (+$115M)

100% more call options, than puts

Call options by funds: $18.4M | Put options by funds: $9.18M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

16% less funds holding

Funds holding: 129108 (-21)

47% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 45

48% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 40

Holders
108
Holders Change
-21
Holders Change %
-16.28%
% of All Funds
2.88%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
21
Increased
24
Reduced
45
Closed
40
Calls
$18.4M
Puts
$9.18M
Net Calls
+$9.18M
Net Calls Change
+$3.14M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
1
Putnam Investments
Massachusetts
$32.9M -$574K -67,364 -2%
Select Equity Group
2
Select Equity Group
New York
$21.7M -$1.24M -145,920 -6%
Capital World Investors
3
Capital World Investors
California
$18M +$2.98M +350,000 +23%
BCP
4
Blum Capital Partners
California
$15.7M -$3.84M -450,100 -22%
CPCM
5
Clifton Park Capital Management
Delaware
$15.4M
PEP
6
Providence Equity Partners
Rhode Island
$14.3M
SCM
7
Steadfast Capital Management
New York
$10.4M +$9.19M +1,078,244 New
Vanguard Group
8
Vanguard Group
Pennsylvania
$6.73M -$1.95M -228,989 -25%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$6.52M
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$6.28M +$4.22M +495,265 +314%
Norges Bank
11
Norges Bank
Norway
$6.15M -$512K -60,100 -9%
BFA
12
BlackRock Fund Advisors
California
$6.12M +$783K +91,885 +17%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$5.81M +$1.75M +205,434 +51%
BIT
14
BlackRock Institutional Trust
California
$4.9M -$166K -19,511 -4%
State Street
15
State Street
Massachusetts
$3.93M +$18.4K +2,160 +0.5%
NCM
16
Nantahala Capital Management
Connecticut
$3.83M -$2.23M -262,000 -40%
PLCM
17
Plymouth Lane Capital Management
New York
$3.76M +$3.33M +390,897 New
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$2.86M +$808K +94,800 +38%
PPA
19
Parametric Portfolio Associates
Washington
$2.41M +$721K +84,605 +51%
Charles Schwab
20
Charles Schwab
California
$2.34M +$389K +45,636 +23%
Northern Trust
21
Northern Trust
Illinois
$2.27M -$122K -14,347 -6%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$1.82M -$214K -25,114 -12%
BCM
23
Bridgeway Capital Management
Texas
$1.76M
TCM
24
TCS Capital Management
New York
$1.64M +$1.45M +170,601 New
Goldman Sachs
25
Goldman Sachs
New York
$1.48M -$214K -25,064 -14%

ESI Hedge Fund Activity: Q4 2014 in Review

108 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in ITT EDUCATIONAL SERVICES INC (ESI) for Q4 2014, worth a combined $226M — up 104% from $111M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of ESI and 21 opened new positions — a net loss of 19 holders — while 45 trimmed existing stakes and 24 added.

The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $9.19M. The largest seller was Blum Capital Partners, cutting an estimated $3.84M.

  • 108 institutional investors held ITT EDUCATIONAL SERVICES INC (ESI) as of Q4 2014, down from 129 in Q3 2014.
  • Funds reported $226M of ITT EDUCATIONAL SERVICES INC stock for Q4 2014, up 104% quarter-over-quarter.
  • 21 funds opened new ITT EDUCATIONAL SERVICES INC positions in Q4 2014 and 40 closed out, a net change of -19 holders.
  • The largest ITT EDUCATIONAL SERVICES INC buyer in Q4 2014 was Steadfast Capital Management, an estimated $9.19M added.
  • The largest ITT EDUCATIONAL SERVICES INC seller in Q4 2014 was Blum Capital Partners, an estimated $3.84M sold.

Based on aggregated 13F filings for Q4 2014.