Everest Group
439 hedge funds and large institutions have $8.84B invested in Everest Group in 2018 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 151 increasing their positions, 173 reducing their positions, and 72 closing their positions.
44% more call options, than puts
Call options by funds: $27.5M | Put options by funds: $19.1M
1.05% more ownership
Funds ownership: 92.78% → 93.83% (+1.1%)
5% less funds holding
Funds holding: 462 → 439 (-23)
9% less capital invested
Capital invested by funds: $9.73B → $8.84B (-$886M)
13% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 173
28% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 72
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$127M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$85.3M |
| 3 |
Man Group
London,
United Kingdom
|
+$60.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$57.5M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$56.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$77.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$42.5M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$35.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$34.4M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$33.9M |
EG Hedge Fund Activity: Q2 2018 in Review
439 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q2 2018, worth a combined $8.84B — down 9.1% from $9.73B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of EG and 52 opened new positions — a net loss of 20 holders — while 173 trimmed existing stakes and 151 added.
The largest buyer was AllianceBernstein, adding an estimated $127M. The largest seller was Citadel Advisors, cutting an estimated $77.6M.
- 439 institutional investors held Everest Group (EG) as of Q2 2018, down from 462 in Q1 2018.
- Funds reported $8.84B of Everest Group stock for Q2 2018, down 9.1% quarter-over-quarter.
- 52 funds opened new Everest Group positions in Q2 2018 and 72 closed out, a net change of -20 holders.
- The largest Everest Group buyer in Q2 2018 was AllianceBernstein, an estimated $127M added.
- The largest Everest Group seller in Q2 2018 was Citadel Advisors, an estimated $77.6M sold.
Based on aggregated 13F filings for Q2 2018.