Escalade

ESCA • NASDAQ

Escalade is a leisure company in the consumer cyclical sector on NASDAQ, led by Scott J. Sincerbeaux, with a market cap of $180.8M. As of Q3 2025, 31% of shares are held by 74 institutional investors, with Minerva Advisors LLC as the largest holder at 3.99%.

Chief Executive OfficerScott J. Sincerbeaux

Market Cap$180.8M

Leisure

Consumer Cyclical

Employees479.0

Websiteescaladeinc.com

Country

United States of America

Overview

Overview of institutional ownership in ESCA as of Q3 2025 with a market cap of $173.5M

All Institutions

Institutions: 74
Value Held: $53.3M
Shares Held: 4.2M
Avg Position: $719.9K
Median Position: $114.7K

Hedge Funds

Hedge Funds: 4
Value Held: $7.6M
Shares Held: 603.8K
Avg Position: $1.9M
Median Position: $273.1K

Ownership Breakdown

Institutional (non-HF)

26.33%

$45.7M

Hedge Funds

4.37%

$7.6M

Retail & Other

69.3%

$120.2M

Based on market cap of $173.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ESCA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
M Minerva Advisors LLC Hedge Fund•Value	David Peter Cohen President	$6.9M 4.39% of portfolio	3.99% 550.2K shares	≤ Q2 2013 Held for 12y 5m+	$157.5M
B BlackRock, Inc. Institution	-	$6.7M 0.00% of portfolio	3.88% 535.9K shares	Q1 2016 Held for 9y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$6.4M 0.00% of portfolio	3.68% 507.8K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$5.8M 0.00% of portfolio	3.36% 463.5K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	$5.4M 0.35% of portfolio	3.11% 428.8K shares	Q4 2013 Held for 11y 11m	$1.6B
Rehmann Capital Advisory Group RIA/Wealth	Ryan Sullivan CEO	$3.9M 0.21% of portfolio	2.24% 309.2K shares	Q1 2025 Held for 8 months	$1.8B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.8M 0.00% of portfolio	1.60% 221.1K shares	Q4 2013 Held for 11y 11m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.7M 0.00% of portfolio	0.99% 136.0K shares	Q2 2014 Held for 11y 5m	$2.88T
Bank of New York Mellon Corp Institution	Robin Vince CEO	$1.6M 0.00% of portfolio	0.91% 126.3K shares	Q4 2013 Held for 11y 11m	$556.34B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.4M 0.00% of portfolio	0.81% 111.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for ESCA in Q3 2025

Traded: −$442.8K
Buyers: 34
Sellers: 27
Total Bought: +$1.3M
Total Sold: −$1.8M
Avg Position: $674.3K

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$191.5K +15.2K shares	$350.9K 27.9K shares
J JANE STREET GROUP, LLC Institution	+$164.9K +13.1K shares	$164.9K 13.1K shares
M Minerva Advisors LLC Hedge Fund•Value	+$155.6K +12.4K shares	$6.9M 550.2K shares
HPM Partners LLC RIA/Wealth	+$151.4K +12.0K shares	$151.4K 12.0K shares
CERTIOR FINANCIAL GROUP, LLC RIA/Wealth	+$140.9K +11.2K shares	$140.9K 11.2K shares
GOLDMAN SACHS GROUP INC Institution	+$139.1K +11.1K shares	$139.1K 11.1K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$128.0K +10.2K shares	$128.0K 10.2K shares
L LPL Financial LLC Institution	+$108.3K +8.6K shares	$392.6K 31.2K shares
Prosperity Consulting Group, LLC RIA/Wealth	+$26.1K +2.1K shares	$248.7K 19.8K shares
Arete Wealth Advisors, LLC RIA/Wealth	+$21.1K +1.7K shares	$284.1K 22.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
North Star Investment Management Corp. RIA/Wealth	−$259.0K −20.6K shares	$5.4M 428.8K shares
MORGAN STANLEY RIA/Wealth	−$253.1K −20.1K shares	$1.4M 111.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$224.5K −16.1K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$210.0K −16.7K shares	$267.4K 21.3K shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager	−$195.7K −15.6K shares	$384.1K 30.6K shares
Inspire Advisors, LLC RIA/Wealth	−$100.7K −8.0K shares	$265.7K 21.1K shares
B BlackRock, Inc. Institution	−$96.6K −7.7K shares	$6.7M 535.9K shares
MetLife Investment Advisors, LLC Insurance Manager	−$82.5K −5.9K shares	Sold Off 0 shares
Comprehensive Portfolio Management, LLC RIA/Wealth	−$50.2K −4.0K shares	$200.4K 15.9K shares
RHUMBLINE ADVISERS Long Only Manager	−$48.2K −3.8K shares	$119.3K 9.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ESCA in Q3 2025

New Positions: 9
New Value: $431.5K
Exited Positions: 4
Exited Value: $338.4K

New Positions

Institution	Position Value
HPM Partners LLC RIA/Wealth	$151.4K 12.0K shares
CERTIOR FINANCIAL GROUP, LLC RIA/Wealth	$140.9K 11.2K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$128.0K 10.2K shares
HARBOR CAPITAL ADVISORS, INC. ETF Provider	$4.5K 356.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$3.9K 310.0 shares
O Optiver Holding B.V. Institution	$2.1K 168.0 shares
Hanson McClain, Inc. RIA/Wealth	$428.0 34.0 shares
Hartland & Co., LLC RIA/Wealth	$227.0 18.0 shares
ROTHSCHILD INVESTMENT LLC RIA/Wealth	$75.0 6.0 shares

Exited Positions

Institution	Previous Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$224.5K 16.1K shares
MetLife Investment Advisors, LLC Insurance Manager	$82.5K 5.9K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$28.7K 2.1K shares
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	$2.8K 200.0 shares

Options Activity

Institutions with the largest Call and Put options positions in ESCA as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with ESCA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Minerva Advisors LLC Hedge Fund•Value	David Peter Cohen President	4.39% $6.9M	3.99% 550.2K shares	≤ Q2 2013 Held for 12y 5m+	$157.5M
M Mork Capital Management Institution	-	0.69% $1.0M	0.58% 80.0K shares	Q1 2022 Held for 3y 8m	$145.1M
P PEOPLES BANK NATIONAL ASSOCIATION Institution	-	0.52% $843.8K	0.49% 67.1K shares	Q4 2015 Held for 9y 11m	$162.7M
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	0.35% $5.4M	3.11% 428.8K shares	Q4 2013 Held for 11y 11m	$1.6B
Rehmann Capital Advisory Group RIA/Wealth	Ryan Sullivan CEO	0.21% $3.9M	2.24% 309.2K shares	Q1 2025 Held for 8 months	$1.8B
N Northstar Group, Inc. RIA/Wealth	Linda Leigh Ray President	0.13% $835.9K	0.48% 66.5K shares	Q1 2017 Held for 8y 8m	$663.1M
D De Lisle Partners LLP Institution	-	0.12% $988.6K	0.57% 78.5K shares	Q1 2024 Held for 1y 8m	$815.6M
CERTIOR FINANCIAL GROUP, LLC RIA/Wealth	Avi No Middle Name Kantor Managing Partner	0.10% $140.9K	0.08% 11.2K shares	Q3 2025 Held for 2 months	$144.5M
Inspire Advisors, LLC RIA/Wealth	Andrew Jackson Armstrong Managing Partner	0.03% $265.7K	0.15% 21.1K shares	Q2 2024 Held for 1y 5m	$1.0B
Arete Wealth Advisors, LLC RIA/Wealth	Joshua Dean Rogers President	0.02% $284.1K	0.16% 22.6K shares	Q3 2023 Held for 2y 2m	$1.5B

Hedge Fund Spotlight

Discover hedge funds investing in ESCA

Minerva Advisors LLC

Hedge Fund • Value

Portfolio ManagerDavid Peter Cohen

Portfolio Value: $157.5M
Positions: 56
Last Reported: Q3 2025

Sector Allocation

Position in Escalade

Market Value: $6.9M
Shares Held: 550.2K
Portfolio Weight: 4.39%
Owned Since: 2013-Q2

Top Holding	Sector	Market Value	Weight
1 Great Lakes Dredge & Dock GLDD	Engineering & Construction Industrials	$16.7M	10.58%
2 Tredegar TG	Manufacturing - Metal Fabrication Industrials	$13.3M	8.45%
3 Eastern Company EML	Manufacturing - Tools & Accessories Industrials	$12.4M	7.90%