Essex Financial Services Inc Decreased Compass Diversifiedhldgs (NYSE:CODI) Stake By $10.83 Billion

August 12, 2018 - By Mark Mitchell

Investors sentiment increased to 1.83 in Q1 2018. Its up 0.21, from 1.62 in 2017Q4. It increased, as 3 investors sold CODI shares while 21 reduced holdings. 18 funds opened positions while 26 raised stakes. 21.10 million shares or 6.17% more from 19.87 million shares in 2017Q4 were reported. Bancorp Of Montreal Can holds 250 shares or 0% of its portfolio. Mckinley Carter Wealth Services holds 13,915 shares. Great West Life Assurance Co Can reported 6,377 shares. Schroder Investment Management Grp owns 1.10M shares. Huntington National Bank has invested 0% in Compass Diversified Holdings LLC (NYSE:CODI). Fincl Bank Of America Corp De, a North Carolina-based fund reported 331,396 shares. Bb&T Ltd Liability Company has invested 0.01% of its portfolio in Compass Diversified Holdings LLC (NYSE:CODI). Hudock Capital Group Ltd Co has 100 shares. Northern Corporation accumulated 831,724 shares. Shell Asset Mgmt owns 41,969 shares. Perkins Coie Tru reported 0% of its portfolio in Compass Diversified Holdings LLC (NYSE:CODI). Bartlett Co Limited Liability Co has invested 0% in Compass Diversified Holdings LLC (NYSE:CODI). Stifel Financial invested in 0% or 28,480 shares. North Star Investment Management Corporation has invested 0.18% of its portfolio in Compass Diversified Holdings LLC (NYSE:CODI). Us State Bank De owns 1,000 shares or 0% of their US portfolio.

Essex Financial Services Inc decreased its stake in Compass Diversifiedhldgs (NYSE:CODI) by 99.9% based on its latest 2018Q2 regulatory filing with the SEC. Essex Financial Services Inc sold 626,259 shares as the company’s stock rose 0.91% while stock markets declined. The institutional investor held 657 shares of the o.e.m. company at the end of 2018Q2, valued at $11.36M, down from 626,916 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in Compass Diversifiedhldgs for a number of months, seems to be less bullish one the $1.05B market cap company. It closed at $17.6 lastly. It is down 3.10% since August 13, 2017 and is uptrending. It has underperformed by 9.47% the S&P500.

Essex Financial Services Inc is a Connecticut-based institutional investor with more than $2.52 billion AUM in December, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Essex Financial Services latest Adv, the fund reported to have 43 full and part-time employees. Among which 39 performing investment advisory and research functions. The institutional investor had more than 2300 clients.

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. The company has market cap of $1.05 billion. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice. It has a 34.51 P/E ratio. The firm prefers to invest in companies based in North America.

More recent Compass Diversified Holdings LLC (NYSE:CODI) news were published by: Nasdaq.com which released: “Detailed Research: Economic Perspectives on Veritiv, Wright Medical Group NV, Ollie’s Bargain Outlet, Compass …” on July 25, 2018. Also Prnewswire.com published the news titled: “Compass Diversified Holdings Announces Second Quarter 2018 Earnings and Conference Call Information” on July 18, 2018. Seekingalpha.com‘s news article titled: “Compass Diversified Holdings (CODI) CEO Elias Sabo Name on Q2 2018 Results – Earnings Call Transcript” with publication date: August 02, 2018 was also an interesting one.

Compass Diversified Holdings LLC (NYSE:CODI) Institutional Positions Chart

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