Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
169 hedge funds and large institutions have $1.72B invested in Essendant Inc. in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 72 reducing their positions, and 20 closing their positions.
5% less funds holding
Funds holding: 178 → 169 (-9)
9% less capital invested
Capital invested by funds: $1.89B → $1.72B (-$174M)
22% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 72
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$18.9M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$15.4M |
| 3 |
Pzena Investment Management
New York
|
+$11.3M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$11.3M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$9.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$9.55M |
| 2 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
-$7.67M |
| 3 |
Morgan Stanley
New York
|
-$4.92M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$4.65M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.64M |
ESND Hedge Fund Activity: Q1 2014 in Review
169 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q1 2014, worth a combined $1.72B — down 9.2% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ESND and 12 opened new positions — a net loss of 8 holders — while 72 trimmed existing stakes and 56 added.
The largest buyer was Allianz Asset Management, adding an estimated $18.9M. The largest seller was Neuberger Berman Group, cutting an estimated $9.55M.
- 169 institutional investors held Essendant Inc. (ESND) as of Q1 2014, down from 178 in Q4 2013.
- Funds reported $1.72B of Essendant Inc. stock for Q1 2014, down 9.2% quarter-over-quarter.
- 12 funds opened new Essendant Inc. positions in Q1 2014 and 20 closed out, a net change of -8 holders.
- The largest Essendant Inc. buyer in Q1 2014 was Allianz Asset Management, an estimated $18.9M added.
- The largest Essendant Inc. seller in Q1 2014 was Neuberger Berman Group, an estimated $9.55M sold.
Based on aggregated 13F filings for Q1 2014.