Everest Group
443 hedge funds and large institutions have $9.37B invested in Everest Group in 2019 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 140 increasing their positions, 174 reducing their positions, and 37 closing their positions.
76% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 37
40% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $11.8M
15% more capital invested
Capital invested by funds: $8.14B → $9.37B (+$1.23B)
6% more funds holding
Funds holding: 419 → 443 (+24)
0.34% more ownership
Funds ownership: 92.79% → 93.13% (+0.34%)
20% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 174
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$133M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$96.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$90.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$59.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$47.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$119M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$68.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$64.1M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$63M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$45.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
476
AssetMark Inc
Concord,
California
| – | -$2K | -8 | Closed |
|
|
KPW
477
Kore Private Wealth
New York
| – | -$2K | -7 | Closed |
|
|
MSA
478
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$1K | -6 | Closed |
|
|
BWM
479
Baystate Wealth Management
Boston,
Massachusetts
| – | -$1K | -2 | Closed |
|
EG Hedge Fund Activity: Q2 2019 in Review
443 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q2 2019, worth a combined $9.37B — up 15% from $8.14B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new EG positions and 37 closed out — a net gain of 28 holders — while 140 added to existing stakes and 174 trimmed.
The largest buyer was BlackRock, adding an estimated $133M. The largest seller was State of Michigan Retirement System, cutting an estimated $119M.
- 443 institutional investors held Everest Group (EG) as of Q2 2019, up from 419 in Q1 2019.
- Funds reported $9.37B of Everest Group stock for Q2 2019, up 15% quarter-over-quarter.
- 65 funds opened new Everest Group positions in Q2 2019 and 37 closed out, a net change of +28 holders.
- The largest Everest Group buyer in Q2 2019 was BlackRock, an estimated $133M added.
- The largest Everest Group seller in Q2 2019 was State of Michigan Retirement System, an estimated $119M sold.
Based on aggregated 13F filings for Q2 2019.