Exactech Inc
EXAC
EXAC was delisted on the 14th of February, 2018.
99 hedge funds and large institutions have $204M invested in Exactech Inc in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 14 closing their positions.
10% less funds holding
Funds holding: 110 → 99 (-11)
16% less capital invested
Capital invested by funds: $244M → $204M (-$39.2M)
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.4M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$4.96M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.88M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.69M |
| 5 |
RA
Royce & Associates
New York
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$17.9M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$8.11M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$2.23M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.35M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
101
Gabelli Funds
Rye,
New York
| – | -$8.11M | -297,024 | Closed |
|
|
EI
102
EAM Investors
Solana Beach,
California
| – | -$2.23M | -81,725 | Closed |
|
|
MCM
103
McKinley Capital Management
Anchorage,
Alaska
| – | -$1.27M | -46,399 | Closed |
|
104
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$495K | -18,147 | Closed |
|
|
BPM
105
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$481K | -17,624 | Closed |
|
|
CG
106
Caprock Group
Boise,
Idaho
| – | -$223K | -8,165 | Closed |
|
107
Prudential Financial
Newark,
New Jersey
| – | -$214K | -7,833 | Closed |
|
108
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$212K | -7,751 | Closed |
|
109
VOYA Investment Management
Atlanta,
Georgia
| – | -$201K | -7,368 | Closed |
|
|
QI
110
QS Investors
New York
| – | -$49K | -1,800 | Closed |
|
111
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$22K | -800 | Closed |
|
|
CG
112
Cutler Group
San Francisco,
California
| – | -$8K | -300 | Closed |
|
|
OFW
113
Omnia Family Wealth
Aventura,
Florida
| – | -$3K | -113 | Closed |
|
EXAC Hedge Fund Activity: Q1 2017 in Review
99 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Exactech Inc (EXAC) for Q1 2017, worth a combined $204M — down 16% from $244M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EXAC and 9 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 30 added.
The largest buyer was BlackRock, adding an estimated $20.4M. The largest seller was GAMCO Investors, exiting entirely with an estimated $17.9M sold.
- 99 institutional investors held Exactech Inc (EXAC) as of Q1 2017, down from 110 in Q4 2016.
- Funds reported $204M of Exactech Inc stock for Q1 2017, down 16% quarter-over-quarter.
- 9 funds opened new Exactech Inc positions in Q1 2017 and 14 closed out, a net change of -5 holders.
- The largest Exactech Inc buyer in Q1 2017 was BlackRock, an estimated $20.4M added.
- The largest Exactech Inc seller in Q1 2017 was GAMCO Investors, an estimated $17.9M sold.
Based on aggregated 13F filings for Q1 2017.