ePlus
PLUS
81 hedge funds and large institutions have $167M invested in ePlus in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 26 reducing their positions, and 9 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 26
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 80 → 81 (+1)
27% less capital invested
Capital invested by funds: $229M → $167M (-$61.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
+$3.36M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$2.86M |
| 3 |
Renaissance Technologies
New York
|
+$2.11M |
| 4 |
Morgan Stanley
New York
|
+$1.51M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCA
Hovde Capital Advisors
Madison,
Wisconsin
|
-$36.5M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$8.09M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.12M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.75M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.07M |
PLUS Hedge Fund Activity: Q3 2013 in Review
81 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q3 2013, worth a combined $167M — down 27% from $229M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PLUS positions and 9 closed out — a net gain of 1 holder — while 34 added to existing stakes and 26 trimmed.
The largest buyer was Osmium Partners, adding an estimated $3.36M. The largest seller was Hovde Capital Advisors, cutting an estimated $36.5M.
- 81 institutional investors held ePlus (PLUS) as of Q3 2013, up from 80 in Q2 2013.
- Funds reported $167M of ePlus stock for Q3 2013, down 27% quarter-over-quarter.
- 10 funds opened new ePlus positions in Q3 2013 and 9 closed out, a net change of +1 holder.
- The largest ePlus buyer in Q3 2013 was Osmium Partners, an estimated $3.36M added.
- The largest ePlus seller in Q3 2013 was Hovde Capital Advisors, an estimated $36.5M sold.
Based on aggregated 13F filings for Q3 2013.