Element Solutions
162 hedge funds and large institutions have $2.67B invested in Element Solutions in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 73 increasing their positions, 45 reducing their positions, and 44 closing their positions.
160% more call options, than puts
Call options by funds: $40.7M | Put options by funds: $15.7M
62% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 45
30% more capital invested
Capital invested by funds: $2.06B → $2.67B (+$609M)
4.28% more ownership
Funds ownership: 93.33% → 97.61% (+4.3%)
12% less funds holding
Funds holding: 185 → 162 (-23)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
45% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$93.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.4M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$30.4M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
+$26.7M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$30.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$29.9M |
| 3 |
HK
Horizon Kinetics
New York
|
-$21.8M |
| 4 |
PSCM
Pershing Square Capital Management
New York
|
-$19.5M |
| 5 |
CM
Corvex Management
New York
|
-$16.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
201
WFG Advisors
Dallas,
Texas
| – | -$5K | -581 | Closed |
|
202
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -250 | Closed |
|
|
QCG
203
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -164 | Closed |
|
204
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -156 | Closed |
|
|
MFS
205
MSI Financial Services
Springfield,
Massachusetts
| – | -$855 | -100 | -68% |
|
ESI Hedge Fund Activity: Q4 2016 in Review
162 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Element Solutions (ESI) for Q4 2016, worth a combined $2.67B — up 30% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of ESI and 24 opened new positions — a net loss of 20 holders — while 45 trimmed existing stakes and 73 added.
The largest buyer was Elliott Management, opening a new position worth an estimated $93.6M. The largest seller was Sculptor Capital, exiting entirely with an estimated $30.2M sold.
- 162 institutional investors held Element Solutions (ESI) as of Q4 2016, down from 185 in Q3 2016.
- Funds reported $2.67B of Element Solutions stock for Q4 2016, up 30% quarter-over-quarter.
- 24 funds opened new Element Solutions positions in Q4 2016 and 44 closed out, a net change of -20 holders.
- The largest Element Solutions buyer in Q4 2016 was Elliott Management, an estimated $93.6M added.
- The largest Element Solutions seller in Q4 2016 was Sculptor Capital, an estimated $30.2M sold.
Based on aggregated 13F filings for Q4 2016.