Element Solutions
207 hedge funds and large institutions have $2.23B invested in Element Solutions in 2019 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 61 increasing their positions, 61 reducing their positions, and 36 closing their positions.
534% more call options, than puts
Call options by funds: $32.3M | Put options by funds: $5.1M
39% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 36
6% more funds holding
Funds holding: 196 → 207 (+11)
0% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 61
2.51% less ownership
Funds ownership: 89.72% → 87.21% (-2.5%)
17% less capital invested
Capital invested by funds: $2.68B → $2.23B (-$450M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$53.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.3M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$28.9M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$21M |
| 5 |
Blackstone Inc
New York
|
+$9.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
-$418M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$89.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$39.8M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
-$18.8M |
| 5 |
First Manhattan
New York
|
-$17.2M |
ESI Hedge Fund Activity: Q1 2019 in Review
207 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Element Solutions (ESI) for Q1 2019, worth a combined $2.23B — down 17% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new ESI positions and 36 closed out — a net gain of 14 holders — while 61 added to existing stakes and 61 trimmed.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $53.9M. The largest seller was Pershing Square Capital Management, exiting entirely with an estimated $418M sold.
- 207 institutional investors held Element Solutions (ESI) as of Q1 2019, up from 196 in Q4 2018.
- Funds reported $2.23B of Element Solutions stock for Q1 2019, down 17% quarter-over-quarter.
- 50 funds opened new Element Solutions positions in Q1 2019 and 36 closed out, a net change of +14 holders.
- The largest Element Solutions buyer in Q1 2019 was Nomura Holdings, an estimated $53.9M added.
- The largest Element Solutions seller in Q1 2019 was Pershing Square Capital Management, an estimated $418M sold.
Based on aggregated 13F filings for Q1 2019.