Enviri
NVRI
190 hedge funds and large institutions have $367M invested in Enviri in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 80 increasing their positions, 57 reducing their positions, and 37 closing their positions.
51% more call options, than puts
Call options by funds: $238K | Put options by funds: $158K
40% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 57
4% less funds holding
Funds holding: 197 → 190 (-7)
4.43% less ownership
Funds ownership: 87.74% → 83.32% (-4.4%)
19% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 37
34% less capital invested
Capital invested by funds: $554M → $367M (-$187M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wynnefield Capital
New York
|
+$6.35M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$5.76M |
| 3 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$4.49M |
| 4 |
Renaissance Technologies
New York
|
+$3.63M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$17.8M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$11.7M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.89M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.34M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
-$4.1M |
NVRI Hedge Fund Activity: Q1 2016 in Review
190 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Enviri (NVRI) for Q1 2016, worth a combined $367M — down 34% from $554M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of NVRI and 30 opened new positions — a net loss of 7 holders — while 57 trimmed existing stakes and 80 added.
The largest buyer was Wynnefield Capital, opening a new position worth an estimated $6.35M. The largest seller was Frontier Capital Management, exiting entirely with an estimated $17.8M sold.
- 190 institutional investors held Enviri (NVRI) as of Q1 2016, down from 197 in Q4 2015.
- Funds reported $367M of Enviri stock for Q1 2016, down 34% quarter-over-quarter.
- 30 funds opened new Enviri positions in Q1 2016 and 37 closed out, a net change of -7 holders.
- The largest Enviri buyer in Q1 2016 was Wynnefield Capital, an estimated $6.35M added.
- The largest Enviri seller in Q1 2016 was Frontier Capital Management, an estimated $17.8M sold.
Based on aggregated 13F filings for Q1 2016.