MERU NETWORKS INC COM STK (DE)
MERU
MERU was delisted on the 7th of July, 2015.
32 hedge funds and large institutions have $21.4M invested in MERU NETWORKS INC COM STK (DE) in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
14% more funds holding
Funds holding: 28 → 32 (+4)
17% less capital invested
Capital invested by funds: $25.6M → $21.4M (-$4.26M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.35M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$802K |
| 3 |
Renaissance Technologies
New York
|
+$333K |
| 4 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$240K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$5.33M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$1.42M |
| 3 |
BCM
Brightfield Capital Management
New York
|
-$311K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$195K |
| 5 |
Goldman Sachs
New York
|
-$83.5K |
MERU Hedge Fund Activity: Q4 2014 in Review
32 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in MERU NETWORKS INC COM STK (DE) (MERU) for Q4 2014, worth a combined $21.4M — down 17% from $25.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MERU positions and 3 closed out — a net gain of 6 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Ancora Advisors, opening a new position worth an estimated $1.35M. The largest seller was Raging Capital Management, exiting entirely with an estimated $5.33M sold.
- 32 institutional investors held MERU NETWORKS INC COM STK (DE) (MERU) as of Q4 2014, up from 28 in Q3 2014.
- Funds reported $21.4M of MERU NETWORKS INC COM STK (DE) stock for Q4 2014, down 17% quarter-over-quarter.
- 9 funds opened new MERU NETWORKS INC COM STK (DE) positions in Q4 2014 and 3 closed out, a net change of +6 holders.
- The largest MERU NETWORKS INC COM STK (DE) buyer in Q4 2014 was Ancora Advisors, an estimated $1.35M added.
- The largest MERU NETWORKS INC COM STK (DE) seller in Q4 2014 was Raging Capital Management, an estimated $5.33M sold.
Based on aggregated 13F filings for Q4 2014.