SYNERGETICS USA, INC.
SURG
SURG was delisted on the 15th of October, 2015.
72 hedge funds and large institutions have $94.5M invested in SYNERGETICS USA, INC. in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 32 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
35% more capital invested
Capital invested by funds: $70.2M → $94.5M (+$24.4M)
9% less funds holding
Funds holding: 79 → 72 (-7)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
77% less call options, than puts
Call options by funds: $46K | Put options by funds: $197K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$6.43M |
| 2 |
DCM
DG Capital Management
New York
|
+$4.41M |
| 3 |
ICM
ISZO Capital Management
New York
|
+$4.33M |
| 4 |
BHMP
Bardin Hill Management Partners
New York
|
+$1.24M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.78M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.48M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$1.82M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.6M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
101
Globeflex Capital
San Diego,
California
| – | -$1K | -139 | Closed |
|
|
LTFS
102
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$47 | -9 | -60% |
|
103
Citigroup
New York
| – | +$166 | +32 | New |
|
SURG Hedge Fund Activity: Q3 2015 in Review
72 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in SYNERGETICS USA, INC. (SURG) for Q3 2015, worth a combined $94.5M — up 35% from $70.2M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of SURG and 25 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Nantahala Capital Management, adding an estimated $6.43M. The largest seller was Northpointe Capital, cutting an estimated $3.78M.
- 72 institutional investors held SYNERGETICS USA, INC. (SURG) as of Q3 2015, down from 79 in Q2 2015.
- Funds reported $94.5M of SYNERGETICS USA, INC. stock for Q3 2015, up 35% quarter-over-quarter.
- 25 funds opened new SYNERGETICS USA, INC. positions in Q3 2015 and 32 closed out, a net change of -7 holders.
- The largest SYNERGETICS USA, INC. buyer in Q3 2015 was Nantahala Capital Management, an estimated $6.43M added.
- The largest SYNERGETICS USA, INC. seller in Q3 2015 was Northpointe Capital, an estimated $3.78M sold.
Based on aggregated 13F filings for Q3 2015.