Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
140 hedge funds and large institutions have $401M invested in Essendant Inc. in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 39 increasing their positions, 52 reducing their positions, and 22 closing their positions.
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
1% more funds holding
Funds holding: 139 → 140 (+1)
5% less capital invested
Capital invested by funds: $421M → $401M (-$20.5M)
25% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 52
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $339K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.32M |
| 2 |
BlackRock
New York
|
+$5.44M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.32M |
| 4 |
Renaissance Technologies
New York
|
+$1.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$6.39M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$4.22M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$3.91M |
| 4 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$3.31M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
151
Riverhead Capital Management
Wilmington,
Delaware
| – | -$83K | -6,263 | Closed |
|
|
MCIM
152
Meadow Creek Investment Management
Atlanta,
Georgia
| – | -$72K | -5,434 | Closed |
|
153
Pacer Advisors
Malvern,
Pennsylvania
| – | -$61K | -4,632 | Closed |
|
|
FCM
154
Flinton Capital Management
Philadelphia,
Pennsylvania
| – | -$52K | -3,952 | Closed |
|
155
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$38K | -2,900 | Closed |
|
|
FIA
156
FNY Investment Advisers
New York
| – | -$26K | -2,000 | Closed |
|
157
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -70 | Closed |
|
|
CAG
158
Csenge Advisory Group
Clearwater,
Florida
| – | +$172 | +12 | New |
|
|
CIR
159
Clear Investment Research
Alpharetta,
Georgia
| – | +$257 | +18 | New |
|
ESND Hedge Fund Activity: Q3 2018 in Review
140 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q3 2018, worth a combined $401M — down 4.9% from $421M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ESND positions and 22 closed out — a net gain of 2 holders — while 39 added to existing stakes and 52 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $8.32M. The largest seller was Pzena Investment Management, cutting an estimated $6.39M.
- 140 institutional investors held Essendant Inc. (ESND) as of Q3 2018, up from 139 in Q2 2018.
- Funds reported $401M of Essendant Inc. stock for Q3 2018, down 4.9% quarter-over-quarter.
- 24 funds opened new Essendant Inc. positions in Q3 2018 and 22 closed out, a net change of +2 holders.
- The largest Essendant Inc. buyer in Q3 2018 was JP Morgan Chase, an estimated $8.32M added.
- The largest Essendant Inc. seller in Q3 2018 was Pzena Investment Management, an estimated $6.39M sold.
Based on aggregated 13F filings for Q3 2018.