Frequency Electronics
FEIM
27 hedge funds and large institutions have $35.4M invested in Frequency Electronics in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 1 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4.6% less ownership
Funds ownership: 41.43% → 36.82% (-4.6%)
9% less capital invested
Capital invested by funds: $39.1M → $35.4M (-$3.71M)
10% less funds holding
Funds holding: 30 → 27 (-3)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.18M |
| 2 |
NIM
Needham Investment Management
New York
|
+$491K |
| 3 |
DAM
Deltec Asset Management
New York
|
+$249K |
| 4 |
RA
Royce & Associates
New York
|
+$98.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$31.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$140K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$116K |
| 3 |
IC
Inverness Counsel
New York
|
-$84.6K |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$23K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.18K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $8K | -$1.18K | -107 | -13% |
|
27
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
28
EARNEST Partners
Atlanta,
Georgia
| – | -$23K | -2,100 | Closed |
|
FEIM Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Frequency Electronics (FEIM) for Q1 2017, worth a combined $35.4M — down 9.5% from $39.1M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FEIM positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 4 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $2.18M. The largest seller was Kennedy Capital Management, cutting an estimated $140K.
- 27 institutional investors held Frequency Electronics (FEIM) as of Q1 2017, down from 30 in Q4 2016.
- Funds reported $35.4M of Frequency Electronics stock for Q1 2017, down 9.5% quarter-over-quarter.
- 2 funds opened new Frequency Electronics positions in Q1 2017 and 1 closed out, a net change of +1 holder.
- The largest Frequency Electronics buyer in Q1 2017 was BlackRock, an estimated $2.18M added.
- The largest Frequency Electronics seller in Q1 2017 was Kennedy Capital Management, an estimated $140K sold.
Based on aggregated 13F filings for Q1 2017.