Element Solutions
191 hedge funds and large institutions have $3.43B invested in Element Solutions in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 77 reducing their positions, and 38 closing their positions.
843% more call options, than puts
Call options by funds: $55.7M | Put options by funds: $5.91M
7% more capital invested
Capital invested by funds: $3.22B → $3.43B (+$213M)
0.72% less ownership
Funds ownership: 96.16% → 95.44% (-0.72%)
5% less funds holding
Funds holding: 200 → 191 (-9)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
35% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$74.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.3M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$38.8M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$24.4M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$44.8M |
| 2 |
Janus Henderson Group
London,
|
-$39.9M |
| 3 |
BCM
Brigade Capital Management
New York
|
-$36.5M |
| 4 |
Goldman Sachs
New York
|
-$30.4M |
| 5 |
Morgan Stanley
New York
|
-$27.7M |
ESI Hedge Fund Activity: Q3 2018 in Review
191 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Element Solutions (ESI) for Q3 2018, worth a combined $3.43B — up 6.6% from $3.22B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of ESI and 29 opened new positions — a net loss of 9 holders — while 77 trimmed existing stakes and 50 added.
The largest buyer was Gates Capital Management, opening a new position worth an estimated $74.2M. The largest seller was Miller Value Partners, cutting an estimated $44.8M.
- 191 institutional investors held Element Solutions (ESI) as of Q3 2018, down from 200 in Q2 2018.
- Funds reported $3.43B of Element Solutions stock for Q3 2018, up 6.6% quarter-over-quarter.
- 29 funds opened new Element Solutions positions in Q3 2018 and 38 closed out, a net change of -9 holders.
- The largest Element Solutions buyer in Q3 2018 was Gates Capital Management, an estimated $74.2M added.
- The largest Element Solutions seller in Q3 2018 was Miller Value Partners, an estimated $44.8M sold.
Based on aggregated 13F filings for Q3 2018.