Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
154 hedge funds and large institutions have $743M invested in Essendant Inc. in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 32 reducing their positions, and 10 closing their positions.
709% more call options, than puts
Call options by funds: $372K | Put options by funds: $46K
250% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 10
100% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 32
18% more funds holding
Funds holding: 131 → 154 (+23)
3% more capital invested
Capital invested by funds: $724M → $743M (+$19.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$21.1M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.53M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.88M |
| 4 |
Two Sigma Investments
New York
|
+$4.36M |
| 5 |
JP Morgan Chase
New York
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$25.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$24.8M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$8.6M |
| 4 |
First Manhattan
New York
|
-$7.56M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$4.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
151
TCI Wealth Advisors
Tucson,
Arizona
| $2K | +$1.62K | +85 | New |
|
|
WAM
152
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $2K | +$1.77K | +93 | New |
|
|
153
Allianz Asset Management
Munich,
Germany
| – | -$25.4M | -1,239,577 | Closed |
|
|
HRCM
154
Hawk Ridge Capital Management
Los Angeles,
California
| – | -$4.16M | -202,793 | Closed |
|
|
BFA
155
Bragg Financial Advisors
Charlotte,
North Carolina
| – | -$1.57M | -76,558 | Closed |
|
|
ERSOT
156
Employees Retirement System of Texas
Austin,
Texas
| – | -$1.29M | -63,000 | Closed |
|
157
UBS AM
Chicago,
Illinois
| – | -$384K | -18,699 | Closed |
|
|
DCM
158
Dupont Capital Management
Wilmington,
Delaware
| – | -$378K | -18,433 | Closed |
|
|
DTL
159
Dynamic Technology Lab
Singapore
| – | -$310K | -15,141 | Closed |
|
|
CG
160
Cutler Group
San Francisco,
California
| – | -$11.4K | -600 | Closed |
|
|
WTB
161
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -29 | Closed |
|
|
IA
162
IFP Advisors
Tampa,
Florida
| – | +$247 | +13 | New |
|
|
IWM
163
IHT Wealth Management
Chicago,
Illinois
| – | +$399 | +21 | New |
|
ESND Hedge Fund Activity: Q4 2016 in Review
154 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q4 2016, worth a combined $743M — up 2.7% from $724M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ESND positions and 10 closed out — a net gain of 25 holders — while 64 added to existing stakes and 32 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $21.1M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $25.4M sold.
- 154 institutional investors held Essendant Inc. (ESND) as of Q4 2016, up from 131 in Q3 2016.
- Funds reported $743M of Essendant Inc. stock for Q4 2016, up 2.7% quarter-over-quarter.
- 35 funds opened new Essendant Inc. positions in Q4 2016 and 10 closed out, a net change of +25 holders.
- The largest Essendant Inc. buyer in Q4 2016 was Pzena Investment Management, an estimated $21.1M added.
- The largest Essendant Inc. seller in Q4 2016 was Allianz Asset Management, an estimated $25.4M sold.
Based on aggregated 13F filings for Q4 2016.