Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
159 hedge funds and large institutions have $1.2B invested in Essendant Inc. in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 51 reducing their positions, and 26 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 51
1% less capital invested
Capital invested by funds: $1.21B → $1.2B (-$7.42M)
5% less funds holding
Funds holding: 168 → 159 (-9)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$12.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.49M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$7.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.57M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$31.7M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$10.9M |
| 3 |
Millennium Management
New York
|
-$5.91M |
| 4 |
NAP
New Amsterdam Partners
New York
|
-$5.61M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$3.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Nomura Holdings
Tokyo,
Japan
| – | -$239K | -7,371 | Closed |
|
177
Squarepoint
New York
| – | -$221K | -6,827 | Closed |
|
|
BMCMI
178
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$218K | -6,727 | Closed |
|
|
DVM
179
Dreman Value Management
West Palm Beach,
Florida
| – | -$156K | -4,804 | Closed |
|
|
PCM
180
Prelude Capital Management
New York
| – | -$13K | -400 | Closed |
|
|
SIM
181
Sonora Investment Management
Tucson,
Arizona
| – | -$13K | -382 | Closed |
|
|
BAM
182
Bruderman Asset Management
Locust Valley,
New York
| – | -$5K | -165 | Closed |
|
|
OSAM
183
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$5K | -162 | Closed |
|
|
FHA
184
First Horizon Advisors
Memphis,
Tennessee
| – | -$4.94K | -145 | -85% |
|
|
BCM
185
Brookstone Capital Management
Wheaton,
Illinois
| – | -$1K | -34 | Closed |
|
ESND Hedge Fund Activity: Q4 2015 in Review
159 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q4 2015, worth a combined $1.2B — down 0.61% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ESND and 18 opened new positions — a net loss of 8 holders — while 51 trimmed existing stakes and 69 added.
The largest buyer was Pzena Investment Management, adding an estimated $12.5M. The largest seller was Neuberger Berman Group, cutting an estimated $31.7M.
- 159 institutional investors held Essendant Inc. (ESND) as of Q4 2015, down from 168 in Q3 2015.
- Funds reported $1.2B of Essendant Inc. stock for Q4 2015, down 0.61% quarter-over-quarter.
- 18 funds opened new Essendant Inc. positions in Q4 2015 and 26 closed out, a net change of -8 holders.
- The largest Essendant Inc. buyer in Q4 2015 was Pzena Investment Management, an estimated $12.5M added.
- The largest Essendant Inc. seller in Q4 2015 was Neuberger Berman Group, an estimated $31.7M sold.
Based on aggregated 13F filings for Q4 2015.