Everest Group
366 hedge funds and large institutions have $6.98B invested in Everest Group in 2014 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 124 increasing their positions, 144 reducing their positions, and 21 closing their positions.
67% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 21
3% more funds holding
Funds holding: 354 → 366 (+12)
1.94% more ownership
Funds ownership: 92.36% → 94.31% (+1.9%)
4% more capital invested
Capital invested by funds: $6.68B → $6.98B (+$296M)
14% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 144
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
30% less call options, than puts
Call options by funds: $8.06M | Put options by funds: $11.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$69.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$49.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$22.7M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$18.5M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$51M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$45M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$36.8M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$34M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$24.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WTNA
376
Wilmington Trust National Association
Wilmington,
Delaware
| – | -$801K | -5,234 | Closed |
|
|
LBG
377
Lloyds Banking Group
London,
United Kingdom
| – | -$783K | -5,119 | Closed |
|
|
USAA
378
United Services Automobile Association
San Antonio,
Texas
| – | -$582K | -3,800 | Closed |
|
379
Jane Street
New York
| – | -$411K | -2,687 | Closed |
|
|
EMG
380
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$398K | -2,600 | Closed |
|
|
SAM
381
Symphony Asset Management
San Francisco,
California
| – | -$371K | -2,419 | Closed |
|
|
IA
382
Icon Advisers
Greenwood Village,
Colorado
| – | -$214K | -1,400 | Closed |
|
|
ECM
383
ETrade Capital Management
Arlington,
Virginia
| – | -$121K | -791 | Closed |
|
|
RIA
384
Regal Investment Advisors
Kentwood,
Michigan
| – | -$34K | -223 | Closed |
|
|
QT
385
Quantbot Technologies
New York
| – | -$30K | -200 | Closed |
|
|
CGT
386
Capital Guardian Trust
Los Angeles,
California
| – | -$10K | -65 | Closed |
|
EG Hedge Fund Activity: Q2 2014 in Review
366 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q2 2014, worth a combined $6.98B — up 4.4% from $6.68B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new EG positions and 21 closed out — a net gain of 14 holders — while 124 added to existing stakes and 144 trimmed.
The largest buyer was Norges Bank, adding an estimated $69.9M. The largest seller was Fidelity Investments, cutting an estimated $51M.
- 366 institutional investors held Everest Group (EG) as of Q2 2014, up from 354 in Q1 2014.
- Funds reported $6.98B of Everest Group stock for Q2 2014, up 4.4% quarter-over-quarter.
- 35 funds opened new Everest Group positions in Q2 2014 and 21 closed out, a net change of +14 holders.
- The largest Everest Group buyer in Q2 2014 was Norges Bank, an estimated $69.9M added.
- The largest Everest Group seller in Q2 2014 was Fidelity Investments, an estimated $51M sold.
Based on aggregated 13F filings for Q2 2014.