MERU NETWORKS INC COM STK (DE)
MERU
MERU was delisted on the 7th of July, 2015.
25 hedge funds and large institutions have $7.53M invested in MERU NETWORKS INC COM STK (DE) in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 11 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
22% less funds holding
Funds holding: 32 → 25 (-7)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
65% less capital invested
Capital invested by funds: $21.4M → $7.53M (-$13.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$971K |
| 2 |
Renaissance Technologies
New York
|
+$299K |
| 3 |
BCM
Brightfield Capital Management
New York
|
+$127K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$127K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.18M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$928K |
| 3 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$239K |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$83K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$70K |
MERU Hedge Fund Activity: Q1 2015 in Review
25 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in MERU NETWORKS INC COM STK (DE) (MERU) for Q1 2015, worth a combined $7.53M — down 65% from $21.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MERU and 4 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 9 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $971K. The largest seller was Deutsche Bank, exiting entirely with an estimated $3.18M sold.
- 25 institutional investors held MERU NETWORKS INC COM STK (DE) (MERU) as of Q1 2015, down from 32 in Q4 2014.
- Funds reported $7.53M of MERU NETWORKS INC COM STK (DE) stock for Q1 2015, down 65% quarter-over-quarter.
- 4 funds opened new MERU NETWORKS INC COM STK (DE) positions in Q1 2015 and 11 closed out, a net change of -7 holders.
- The largest MERU NETWORKS INC COM STK (DE) buyer in Q1 2015 was GMT Capital, an estimated $971K added.
- The largest MERU NETWORKS INC COM STK (DE) seller in Q1 2015 was Deutsche Bank, an estimated $3.18M sold.
Based on aggregated 13F filings for Q1 2015.