Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
147 hedge funds and large institutions have $538M invested in Essendant Inc. in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 68 increasing their positions, 37 reducing their positions, and 19 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 37
0% more capital invested
Capital invested by funds: $536M → $538M (+$1.28M)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1% less funds holding
Funds holding: 148 → 147 (-1)
68% less call options, than puts
Call options by funds: $82K | Put options by funds: $259K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$14.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.44M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.47M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.8M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$6.83M |
| 3 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
-$1.42M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.11M |
| 5 |
CIP
Convergence Investment Partners
Palm Beach Gardens,
Florida
|
-$1.1M |
ESND Hedge Fund Activity: Q2 2017 in Review
147 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q2 2017, worth a combined $538M — up 0.24% from $536M a quarter earlier.
Fund positioning in ESND was balanced in Q2 2017: 19 funds opened new positions, 19 closed out, 68 added to existing stakes and 37 trimmed.
The largest buyer was Frontier Capital Management, opening a new position worth an estimated $14.2M. The largest seller was Fidelity Investments, cutting an estimated $28.8M.
- 147 institutional investors held Essendant Inc. (ESND) as of Q2 2017, down from 148 in Q1 2017.
- Funds reported $538M of Essendant Inc. stock for Q2 2017, up 0.24% quarter-over-quarter.
- 19 funds opened new Essendant Inc. positions in Q2 2017 and 19 closed out, a net change of 0 holders.
- The largest Essendant Inc. buyer in Q2 2017 was Frontier Capital Management, an estimated $14.2M added.
- The largest Essendant Inc. seller in Q2 2017 was Fidelity Investments, an estimated $28.8M sold.
Based on aggregated 13F filings for Q2 2017.