Everest Group
354 hedge funds and large institutions have $6.68B invested in Everest Group in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 103 increasing their positions, 157 reducing their positions, and 31 closing their positions.
35% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 31
2% more funds holding
Funds holding: 347 → 354 (+7)
4% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $18M
2.03% less ownership
Funds ownership: 94.39% → 92.36% (-2%)
5% less capital invested
Capital invested by funds: $7.04B → $6.68B (-$362M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
34% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 157
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Analytic Investors
Los Angeles,
California
|
+$67.3M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$52.9M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$46.7M |
| 4 |
WCM
Winton Capital Management
London,
United Kingdom
|
+$31.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$99.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$73.2M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$60.4M |
| 5 |
Axa
Paris,
France
|
-$47.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
376
Amalgamated Bank
New York
| – | -$210K | -1,348 | Closed |
|
|
P
377
Pitcairn
Conshohocken,
Pennsylvania
| – | -$204K | -1,308 | Closed |
|
|
BT
378
Bankers Trust
Des Moines,
Iowa
| – | -$203K | -1,304 | Closed |
|
|
CLOS
379
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$157K | -1,010 | Closed |
|
|
HF
380
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$18K | -115 | Closed |
|
381
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$16K | -105 | Closed |
|
|
BFEC
382
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$10K | -67 | Closed |
|
383
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -30 | Closed |
|
|
PIA
384
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$2.03K | -13 | Closed |
|
EG Hedge Fund Activity: Q1 2014 in Review
354 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q1 2014, worth a combined $6.68B — down 5.1% from $7.04B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new EG positions and 31 closed out — a net gain of 11 holders — while 103 added to existing stakes and 157 trimmed.
The largest buyer was Analytic Investors, opening a new position worth an estimated $67.3M. The largest seller was AQR Capital Management, exiting entirely with an estimated $99.9M sold.
- 354 institutional investors held Everest Group (EG) as of Q1 2014, up from 347 in Q4 2013.
- Funds reported $6.68B of Everest Group stock for Q1 2014, down 5.1% quarter-over-quarter.
- 42 funds opened new Everest Group positions in Q1 2014 and 31 closed out, a net change of +11 holders.
- The largest Everest Group buyer in Q1 2014 was Analytic Investors, an estimated $67.3M added.
- The largest Everest Group seller in Q1 2014 was AQR Capital Management, an estimated $99.9M sold.
Based on aggregated 13F filings for Q1 2014.