Everest Group
630 hedge funds and large institutions have $15.4B invested in Everest Group in 2024 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 258 increasing their positions, 211 reducing their positions, and 65 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 211
0% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 65
5% less capital invested
Capital invested by funds: $16.2B → $15.4B (-$803M)
1.02% less ownership
Funds ownership: 94.08% → 93.06% (-1%)
2% less funds holding
Funds holding: 640 → 630 (-10)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
31% less call options, than puts
Call options by funds: $32.8M | Put options by funds: $47.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$111M |
| 2 |
BlackRock
New York
|
+$94M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$93M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$50.9M |
| 5 |
Man Group
London,
United Kingdom
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$74.7M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
-$71.4M |
| 3 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$57.7M |
| 4 |
JP Morgan Chase
New York
|
-$54.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.1M |
EG Hedge Fund Activity: Q2 2024 in Review
630 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q2 2024, worth a combined $15.4B — down 5% from $16.2B a quarter earlier.
Fund positioning in EG was balanced in Q2 2024: 65 funds opened new positions, 65 closed out, 258 added to existing stakes and 211 trimmed.
The largest buyer was Norges Bank, adding an estimated $111M. The largest seller was UBS AM, cutting an estimated $74.7M.
- 630 institutional investors held Everest Group (EG) as of Q2 2024, down from 640 in Q1 2024.
- Funds reported $15.4B of Everest Group stock for Q2 2024, down 5% quarter-over-quarter.
- 65 funds opened new Everest Group positions in Q2 2024 and 65 closed out, a net change of 0 holders.
- The largest Everest Group buyer in Q2 2024 was Norges Bank, an estimated $111M added.
- The largest Everest Group seller in Q2 2024 was UBS AM, an estimated $74.7M sold.
Based on aggregated 13F filings for Q2 2024.