Immersion
IMMR
105 hedge funds and large institutions have $175M invested in Immersion in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 23 reducing their positions, and 22 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 23
5% less funds holding
Funds holding: 111 → 105 (-6)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
31% less capital invested
Capital invested by funds: $255M → $175M (-$80.3M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
79% less call options, than puts
Call options by funds: $2.49M | Put options by funds: $12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Clearline Capital
New York
|
+$2.79M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.72M |
| 3 |
KRC
Kingdom Ridge Capital
White Plains,
New York
|
+$2.17M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.03M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$5.22M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.6M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$3.25M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$2.33M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
-$2.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Creative Planning
Overland Park,
Kansas
| – | -$2K | -200 | Closed |
|
|
LTFS
127
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -108 | Closed |
|
IMMR Hedge Fund Activity: Q1 2016 in Review
105 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Immersion (IMMR) for Q1 2016, worth a combined $175M — down 31% from $255M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IMMR and 17 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 45 added.
The largest buyer was Clearline Capital, opening a new position worth an estimated $2.79M. The largest seller was EAM Investors, exiting entirely with an estimated $5.22M sold.
- 105 institutional investors held Immersion (IMMR) as of Q1 2016, down from 111 in Q4 2015.
- Funds reported $175M of Immersion stock for Q1 2016, down 31% quarter-over-quarter.
- 17 funds opened new Immersion positions in Q1 2016 and 22 closed out, a net change of -5 holders.
- The largest Immersion buyer in Q1 2016 was Clearline Capital, an estimated $2.79M added.
- The largest Immersion seller in Q1 2016 was EAM Investors, an estimated $5.22M sold.
Based on aggregated 13F filings for Q1 2016.