MERU NETWORKS INC COM STK (DE)
MERU
MERU was delisted on the 7th of July, 2015.
39 hedge funds and large institutions have $39.9M invested in MERU NETWORKS INC COM STK (DE) in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $32.5M → $39.9M (+$7.35M)
8% more funds holding
Funds holding: 36 → 39 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
80% less call options, than puts
Call options by funds: $1K | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$7.99M |
| 2 |
Renaissance Technologies
New York
|
+$362K |
| 3 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$214K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$182K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$2.12M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$320K |
| 3 |
BCM
Brightfield Capital Management
New York
|
-$177K |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$172K |
| 5 |
DM
Diker Management
New York
|
-$162K |
MERU Hedge Fund Activity: Q1 2014 in Review
39 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in MERU NETWORKS INC COM STK (DE) (MERU) for Q1 2014, worth a combined $39.9M — up 23% from $32.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MERU positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Raging Capital Management, adding an estimated $7.99M. The largest seller was GMT Capital, cutting an estimated $2.12M.
- 39 institutional investors held MERU NETWORKS INC COM STK (DE) (MERU) as of Q1 2014, up from 36 in Q4 2013.
- Funds reported $39.9M of MERU NETWORKS INC COM STK (DE) stock for Q1 2014, up 23% quarter-over-quarter.
- 8 funds opened new MERU NETWORKS INC COM STK (DE) positions in Q1 2014 and 5 closed out, a net change of +3 holders.
- The largest MERU NETWORKS INC COM STK (DE) buyer in Q1 2014 was Raging Capital Management, an estimated $7.99M added.
- The largest MERU NETWORKS INC COM STK (DE) seller in Q1 2014 was GMT Capital, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2014.