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ESND

Essendant Inc.
ESND

Delisted

ESND was delisted on the 30th of January, 2019.

148 hedge funds and large institutions have $536M invested in Essendant Inc. in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 60 increasing their positions, 52 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 52

5% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 20

4% less funds holding

Funds holding: 154148 (-6)

28% less capital invested

Capital invested by funds: $743M → $536M (-$207M)

93% less call options, than puts

Call options by funds: $24K | Put options by funds: $349K

Holders
148
Holders Change
-6
Holders Change %
-3.9%
% of All Funds
3.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
60
Reduced
52
Closed
20
Calls
$24K
Puts
$349K
Net Calls
-$325K
Net Calls Change
-$651K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$70.4M +$86.1M +4,631,875 +38,576%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$67.6M -$20.7M -1,112,842 -20%
Vanguard Group
3
Vanguard Group
Pennsylvania
$52.7M +$5.4M +290,464 +9%
Pzena Investment Management
4
Pzena Investment Management
New York
$52M +$20.8M +1,119,132 +48%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$48.5M -$8.96M -482,096 -13%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$36.6M +$3.45M +185,555 +8%
State Street
7
State Street
Massachusetts
$15.2M +$2.33M +125,536 +14%
Norges Bank
8
Norges Bank
Norway
$14.9M +$2.13M +114,436 +13%
JP Morgan Chase
9
JP Morgan Chase
New York
$11.3M -$3.79M -203,812 -21%
WCM
10
Wedge Capital Management
North Carolina
$10.8M -$940K -50,533 -7%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$10.5M +$859K +46,218 +7%
Northern Trust
12
Northern Trust
Illinois
$7.38M -$2.82M -151,815 -24%
Charles Schwab
13
Charles Schwab
California
$7.31M +$1.61M +86,840 +22%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$7.12M +$2.12M +113,948 +32%
LSV Asset Management
15
LSV Asset Management
Illinois
$6.06M -$1.13M -60,682 -13%
PTC
16
Philadelphia Trust Company
Pennsylvania
$5.36M +$6.58M +353,725 New
USAA
17
United Services Automobile Association
Texas
$5.18M -$1.4M -75,270 -18%
Principal Financial Group
18
Principal Financial Group
Iowa
$4.32M +$255K +13,715 +5%
O
19
OppenheimerFunds
New York
$4.02M +$1.92M +103,196 +64%
Ameriprise
20
Ameriprise
Minnesota
$3.49M +$404K +21,720 +10%
Citadel Advisors
21
Citadel Advisors
Florida
$3.43M +$1.36M +73,187 +48%
Morgan Stanley
22
Morgan Stanley
New York
$3.43M +$1.06M +56,998 +34%
Prudential Financial
23
Prudential Financial
New Jersey
$3.18M +$1.08M +57,829 +38%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$3.1M +$318K +17,083 +9%
Barrow, Hanley, Mewhinney & Strauss
25
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.97M +$277K +14,896 +8%

ESND Hedge Fund Activity: Q1 2017 in Review

148 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q1 2017, worth a combined $536M — down 28% from $743M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of ESND and 19 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 60 added.

The largest buyer was BlackRock, adding an estimated $86.1M. The largest seller was Fidelity Investments, cutting an estimated $20.7M.

  • 148 institutional investors held Essendant Inc. (ESND) as of Q1 2017, down from 154 in Q4 2016.
  • Funds reported $536M of Essendant Inc. stock for Q1 2017, down 28% quarter-over-quarter.
  • 19 funds opened new Essendant Inc. positions in Q1 2017 and 20 closed out, a net change of -1 holder.
  • The largest Essendant Inc. buyer in Q1 2017 was BlackRock, an estimated $86.1M added.
  • The largest Essendant Inc. seller in Q1 2017 was Fidelity Investments, an estimated $20.7M sold.

Based on aggregated 13F filings for Q1 2017.