Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
161 hedge funds and large institutions have $1.64B invested in Essendant Inc. in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 74 increasing their positions, 53 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 53
4% less capital invested
Capital invested by funds: $1.72B → $1.64B (-$74.1M)
6% less funds holding
Funds holding: 171 → 161 (-10)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$8.76M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$7.36M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.27M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.63M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$29.5M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$25.5M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$9.49M |
| 4 |
Neuberger Berman Group
New York
|
-$7.88M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCIM
176
British Columbia Investment Management
Victoria,
British Columbia, Canada
| – | -$211K | -5,000 | Closed |
|
|
BJ
177
BlackRock Japan
Tokyo,
Japan
| – | -$176K | -4,186 | Closed |
|
178
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$134K | -3,179 | Closed |
|
|
PG
179
PEAK6 Group
Chicago,
Illinois
| – | -$38K | -900 | Closed |
|
180
Envestnet Asset Management
Chicago,
Illinois
| – | -$20K | -477 | Closed |
|
|
BRWA
181
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$10 | -246 | Closed |
|
ESND Hedge Fund Activity: Q1 2015 in Review
161 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q1 2015, worth a combined $1.64B — down 4.3% from $1.72B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ESND and 12 opened new positions — a net loss of 8 holders — while 53 trimmed existing stakes and 74 added.
The largest buyer was Echo Street Capital Management, adding an estimated $8.76M. The largest seller was Hermes Investment Management, exiting entirely with an estimated $29.5M sold.
- 161 institutional investors held Essendant Inc. (ESND) as of Q1 2015, down from 171 in Q4 2014.
- Funds reported $1.64B of Essendant Inc. stock for Q1 2015, down 4.3% quarter-over-quarter.
- 12 funds opened new Essendant Inc. positions in Q1 2015 and 20 closed out, a net change of -8 holders.
- The largest Essendant Inc. buyer in Q1 2015 was Echo Street Capital Management, an estimated $8.76M added.
- The largest Essendant Inc. seller in Q1 2015 was Hermes Investment Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2015.