Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
166 hedge funds and large institutions have $1.55B invested in Essendant Inc. in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 56 increasing their positions, 70 reducing their positions, and 18 closing their positions.
3% less funds holding
Funds holding: 171 → 166 (-5)
12% less capital invested
Capital invested by funds: $1.76B → $1.55B (-$206M)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
20% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 70
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $222K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
+$7.29M |
| 2 |
LOAMS
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
|
+$3.54M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$3.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.63M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$15.9M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$7.71M |
| 3 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
-$6.83M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$6.82M |
| 5 |
Neuberger Berman Group
New York
|
-$5.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Marshall Wace
London,
United Kingdom
| – | -$332K | -8,000 | Closed |
|
|
OPERF
177
Oregon Public Employees Retirement Fund
Tigard,
Oregon
| – | -$302K | -7,292 | Closed |
|
178
Capital Fund Management (CFM)
Paris,
France
| – | -$274K | -6,600 | Closed |
|
|
BCIM
179
British Columbia Investment Management
Victoria,
British Columbia, Canada
| – | -$207K | -5,000 | Closed |
|
|
AL
180
Airain Ltd
St. Peter Port,
Guernsey
| – | -$206K | -4,964 | Closed |
|
|
VFA
181
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$139K | -3,362 | Closed |
|
182
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$42K | -1,010 | Closed |
|
|
BRWA
183
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$3.98K | -96 | Closed |
|
184
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -36 | Closed |
|
ESND Hedge Fund Activity: Q3 2014 in Review
166 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q3 2014, worth a combined $1.55B — down 12% from $1.76B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ESND and 15 opened new positions — a net loss of 3 holders — while 70 trimmed existing stakes and 56 added.
The largest buyer was Third Avenue Management, adding an estimated $7.29M. The largest seller was Norges Bank, cutting an estimated $15.9M.
- 166 institutional investors held Essendant Inc. (ESND) as of Q3 2014, down from 171 in Q2 2014.
- Funds reported $1.55B of Essendant Inc. stock for Q3 2014, down 12% quarter-over-quarter.
- 15 funds opened new Essendant Inc. positions in Q3 2014 and 18 closed out, a net change of -3 holders.
- The largest Essendant Inc. buyer in Q3 2014 was Third Avenue Management, an estimated $7.29M added.
- The largest Essendant Inc. seller in Q3 2014 was Norges Bank, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2014.