Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
162 hedge funds and large institutions have $1.64B invested in Essendant Inc. in 2015 Q1 according to their latest regulatory filings, with 13 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 (-$73.7M)
5% less funds holding
Funds holding: 171 → 162 (-9)
35% less first-time investments, than exits
New positions opened: 13 | 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 |
ESND Hedge Fund Activity: Q1 2015 in Review
162 of the 3,770 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 13 opened new positions — a net loss of 7 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.
- 162 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.
- 13 funds opened new Essendant Inc. positions in Q1 2015 and 20 closed out, a net change of -7 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.