Espey Mfg & Electronics Corp
ESP
23 hedge funds and large institutions have $14.8M invested in Espey Mfg & Electronics Corp in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.
2.24% less ownership
Funds ownership: 27.88% → 25.65% (-2.2%)
8% less funds holding
Funds holding: 25 → 23 (-2)
12% less capital invested
Capital invested by funds: $17M → $14.8M (-$2.11M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$50.2K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.55K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.73K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.86K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$839K |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$376K |
| 3 |
Morgan Stanley
New York
|
-$118K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$39.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$326 | -13 | -42% |
|
ESP Hedge Fund Activity: Q1 2016 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Espey Mfg & Electronics Corp (ESP) for Q1 2016, worth a combined $14.8M — down 12% from $17M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ESP and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Renaissance Technologies, adding an estimated $50.2K. The largest seller was Vanguard Group, exiting entirely with an estimated $839K sold.
- 23 institutional investors held Espey Mfg & Electronics Corp (ESP) as of Q1 2016, down from 25 in Q4 2015.
- Funds reported $14.8M of Espey Mfg & Electronics Corp stock for Q1 2016, down 12% quarter-over-quarter.
- 1 fund opened new Espey Mfg & Electronics Corp positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest Espey Mfg & Electronics Corp buyer in Q1 2016 was Renaissance Technologies, an estimated $50.2K added.
- The largest Espey Mfg & Electronics Corp seller in Q1 2016 was Vanguard Group, an estimated $839K sold.
Based on aggregated 13F filings for Q1 2016.