Ebix Inc
EBIX
EBIX was delisted on the 27th of December, 2023.
157 hedge funds and large institutions have $340M invested in Ebix Inc in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 40 reducing their positions, and 43 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 40
8% less funds holding
Funds holding: 170 → 157 (-13)
15% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $11.9M
26% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 43
53% less capital invested
Capital invested by funds: $723M → $340M (-$383M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$8.69M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$6.91M |
| 3 |
PCP
P2 Capital Partners
New York
|
+$5.81M |
| 4 |
FAM
Fred Alger Management
New York
|
+$5.39M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$5.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$5.58M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$4.9M |
| 4 |
BlackRock
New York
|
-$3.57M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$3.5M |
EBIX Hedge Fund Activity: Q1 2020 in Review
157 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Ebix Inc (EBIX) for Q1 2020, worth a combined $340M — down 53% from $723M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of EBIX and 32 opened new positions — a net loss of 11 holders — while 40 trimmed existing stakes and 66 added.
The largest buyer was PenderFund Capital Management, opening a new position worth an estimated $8.69M. The largest seller was Fidelity Investments, cutting an estimated $17M.
- 157 institutional investors held Ebix Inc (EBIX) as of Q1 2020, down from 170 in Q4 2019.
- Funds reported $340M of Ebix Inc stock for Q1 2020, down 53% quarter-over-quarter.
- 32 funds opened new Ebix Inc positions in Q1 2020 and 43 closed out, a net change of -11 holders.
- The largest Ebix Inc buyer in Q1 2020 was PenderFund Capital Management, an estimated $8.69M added.
- The largest Ebix Inc seller in Q1 2020 was Fidelity Investments, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2020.