Essendant Inc.
ESND
ESND was delisted on the 30th of January, 2019.
139 hedge funds and large institutions have $421M invested in Essendant Inc. in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 30 closing their positions.
52% more capital invested
Capital invested by funds: $277M → $421M (+$144M)
10% less funds holding
Funds holding: 154 → 139 (-15)
25% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 57
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $339K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$6.58M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$3.15M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$2.26M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.93M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.92M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.91M |
| 3 |
BlackRock
New York
|
-$5.22M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.48M |
| 5 |
Millennium Management
New York
|
-$3.58M |
ESND Hedge Fund Activity: Q2 2018 in Review
139 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Essendant Inc. (ESND) for Q2 2018, worth a combined $421M — up 52% from $277M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ESND and 17 opened new positions — a net loss of 13 holders — while 57 trimmed existing stakes and 43 added.
The largest buyer was Man Group, opening a new position worth an estimated $6.58M. The largest seller was Fidelity Investments, cutting an estimated $6.92M.
- 139 institutional investors held Essendant Inc. (ESND) as of Q2 2018, down from 154 in Q1 2018.
- Funds reported $421M of Essendant Inc. stock for Q2 2018, up 52% quarter-over-quarter.
- 17 funds opened new Essendant Inc. positions in Q2 2018 and 30 closed out, a net change of -13 holders.
- The largest Essendant Inc. buyer in Q2 2018 was Man Group, an estimated $6.58M added.
- The largest Essendant Inc. seller in Q2 2018 was Fidelity Investments, an estimated $6.92M sold.
Based on aggregated 13F filings for Q2 2018.