Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
171 hedge funds and large institutions have $1.76B invested in Essendant Inc. in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 76 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1% more funds holding
Funds holding: 169 → 171 (+2)
2% more capital invested
Capital invested by funds: $1.72B → $1.76B (+$35.5M)
30% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 76
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $278K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$22.9M |
| 2 |
Pzena Investment Management
New York
|
+$21.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$18.5M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$17.5M |
| 5 |
TAM
Third Avenue Management
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$17.6M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$14.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.5M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$10.3M |
ESND Hedge Fund Activity: Q2 2014 in Review
171 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q2 2014, worth a combined $1.76B — up 2.1% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ESND positions and 13 closed out — a net gain of 2 holders — while 53 added to existing stakes and 76 trimmed.
The largest buyer was Wells Fargo, adding an estimated $22.9M. The largest seller was Hermes Investment Management, cutting an estimated $17.6M.
- 171 institutional investors held Essendant Inc. (ESND) as of Q2 2014, up from 169 in Q1 2014.
- Funds reported $1.76B of Essendant Inc. stock for Q2 2014, up 2.1% quarter-over-quarter.
- 15 funds opened new Essendant Inc. positions in Q2 2014 and 13 closed out, a net change of +2 holders.
- The largest Essendant Inc. buyer in Q2 2014 was Wells Fargo, an estimated $22.9M added.
- The largest Essendant Inc. seller in Q2 2014 was Hermes Investment Management, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2014.