Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
132 hedge funds and large institutions have $727M invested in Essendant Inc. in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 35 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
3.02% less ownership
Funds ownership: 98.95% → 95.92% (-3%)
13% less funds holding
Funds holding: 152 → 132 (-20)
43% less capital inflows, than outflows
Capital inflows: $70.8M | Capital outflows: $124M
57% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 35
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.1M |
| 2 |
Lombardia Capital Partners
Pasadena,
California
|
+$5.89M |
| 3 |
BlackRock Fund Advisors
San Francisco,
California
|
+$4.67M |
| 4 |
BlackRock Advisors
Wilmington,
Delaware
|
+$4.56M |
| 5 |
Hawk Ridge Capital Management
Los Angeles,
California
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$22.5M |
| 2 |
Snyder Capital Management
San Francisco,
California
|
-$21.4M |
| 3 |
Neumeier Poma Investment Counsel
Carmel,
California
|
-$15.3M |
| 4 |
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$11.3M |
| 5 |
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.48M |
ESND Hedge Fund Activity: Q3 2016 in Review
132 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q3 2016, worth a combined $727M — down 36% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of ESND and 15 opened new positions — a net loss of 20 holders — while 49 trimmed existing stakes and 52 added.
The largest buyer was Wellington Management Group, adding an estimated $16.1M. The largest seller was Wells Fargo, cutting an estimated $22.5M.
- 132 institutional investors held Essendant Inc. (ESND) as of Q3 2016, down from 152 in Q2 2016.
- Funds reported $727M of Essendant Inc. stock for Q3 2016, down 36% quarter-over-quarter.
- 15 funds opened new Essendant Inc. positions in Q3 2016 and 35 closed out, a net change of -20 holders.
- The largest Essendant Inc. buyer in Q3 2016 was Wellington Management Group, an estimated $16.1M added.
- The largest Essendant Inc. seller in Q3 2016 was Wells Fargo, an estimated $22.5M sold.
Based on aggregated 13F filings for Q3 2016.