ESS Tech
54 hedge funds and large institutions have $181M invested in ESS Tech in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 10 closing their positions.
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
54% more funds holding
Funds holding: 35 → 54 (+19)
42% more capital invested
Capital invested by funds: $127M → $181M (+$53.5M)
1.55% more ownership
Funds ownership: 3.36% → 4.91% (+1.5%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$15.9M |
| 2 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
+$13.3M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$8.8M |
| 4 |
Millennium Management
New York
|
+$7.76M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$16.6M |
| 2 |
ECM
Element Capital Management
New York
|
-$5.04M |
| 3 |
OP
Omni Partners
London,
United Kingdom
|
-$4.84M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$2.57M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$2.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| $61K | +$64.1K | +413 | New |
|
52
UBS Group
Zurich,
Switzerland
| $40K | +$29.5K | +190 | +229% |
|
53
Morgan Stanley
New York
| $5K | +$4.81K | +31 | New |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $1K | +$1.09K | +7 | New |
|
|
ECM
55
Element Capital Management
New York
| – | -$5.04M | -33,333 | Closed |
|
|
OP
56
Omni Partners
London,
United Kingdom
| – | -$4.84M | -31,986 | Closed |
|
|
MIM
57
Monashee Investment Management
Boston,
Massachusetts
| – | -$2.52M | -16,666 | Closed |
|
|
BCM
58
Basso Capital Management
Stamford,
Connecticut
| – | -$1.76M | -11,641 | Closed |
|
59
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.01M | -6,667 | Closed |
|
|
MSU
60
Mizuho Securities USA
New York
| – | -$950K | -6,333 | Closed |
|
|
JG
61
Jefferies Group
New York
| – | -$298K | -1,973 | Closed |
|
|
AFS
62
Amtrust Financial Services
New York
| – | -$252K | -1,667 | Closed |
|
|
HF
63
HRT Financial
New York
| – | -$138K | -919 | Closed |
|
|
SGAM
64
Seaport Global Asset Management
New York
| – | -$30K | -200 | Closed |
|
GWH Hedge Fund Activity: Q1 2021 in Review
54 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ESS Tech (GWH) for Q1 2021, worth a combined $181M — up 42% from $127M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new GWH positions and 10 closed out — a net gain of 19 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $15.9M. The largest seller was Weiss Asset Management, cutting an estimated $16.6M.
- 54 institutional investors held ESS Tech (GWH) as of Q1 2021, up from 35 in Q4 2020.
- Funds reported $181M of ESS Tech stock for Q1 2021, up 42% quarter-over-quarter.
- 29 funds opened new ESS Tech positions in Q1 2021 and 10 closed out, a net change of +19 holders.
- The largest ESS Tech buyer in Q1 2021 was Deutsche Bank, an estimated $15.9M added.
- The largest ESS Tech seller in Q1 2021 was Weiss Asset Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2021.