Great Elm Group
GEG
30 hedge funds and large institutions have $29M invested in Great Elm Group in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
23% more capital invested
Capital invested by funds: $23.5M → $29M (+$5.49M)
2.52% more ownership
Funds ownership: 39.29% → 41.81% (+2.5%)
12% less funds holding
Funds holding: 34 → 30 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$2.41M |
| 2 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$216K |
| 3 |
CP
Clayton Partners
Berkeley,
California
|
+$203K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$175K |
| 5 |
Renaissance Technologies
New York
|
+$44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWP
Curated Wealth Partners
El Segundo,
California
|
-$197K |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$196K |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$171K |
| 4 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$119K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$49.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $429 | +$7 | +3 | +2% |
|
27
UBS Group
Zurich,
Switzerland
| $377 | -$4.57K | -2,059 | -93% |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $175 | – | – | – |
|
|
BC
29
Barrett & Company
Providence,
Rhode Island
| $30 | – | – | – |
|
|
NA
30
NewEdge Advisors
New Orleans,
Louisiana
| $9 | – | – | – |
|
|
CWP
31
Curated Wealth Partners
El Segundo,
California
| – | -$197K | -97,514 | Closed |
|
|
TMC
32
Trellus Management Company
Delray Beach,
Florida
| – | -$196K | -97,094 | Closed |
|
|
33
Charles Schwab
San Francisco,
California
| – | -$49.4K | -24,464 | Closed |
|
|
CS
34
Credit Suisse
Zurich,
Switzerland
| – | -$30 | -15 | Closed |
|
|
MCC
35
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$2 | -1 | Closed |
|
GEG Hedge Fund Activity: Q1 2023 in Review
30 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Great Elm Group (GEG) for Q1 2023, worth a combined $29M — up 23% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GEG and 1 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Citigroup, opening a new position worth an estimated $2.41M. The largest seller was Curated Wealth Partners, exiting entirely with an estimated $197K sold.
- 30 institutional investors held Great Elm Group (GEG) as of Q1 2023, down from 34 in Q4 2022.
- Funds reported $29M of Great Elm Group stock for Q1 2023, up 23% quarter-over-quarter.
- 1 fund opened new Great Elm Group positions in Q1 2023 and 5 closed out, a net change of -4 holders.
- The largest Great Elm Group buyer in Q1 2023 was Citigroup, an estimated $2.41M added.
- The largest Great Elm Group seller in Q1 2023 was Curated Wealth Partners, an estimated $197K sold.
Based on aggregated 13F filings for Q1 2023.