Everest Group
347 hedge funds and large institutions have $7.04B invested in Everest Group in 2013 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 115 increasing their positions, 140 reducing their positions, and 31 closing their positions.
45% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 31
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
6% more capital invested
Capital invested by funds: $6.66B → $7.04B (+$382M)
4% more funds holding
Funds holding: 333 → 347 (+14)
8% more call options, than puts
Call options by funds: $25.4M | Put options by funds: $23.5M
0.01% more ownership
Funds ownership: 94.38% → 94.39% (+0.01%)
18% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$221M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$59.7M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$43.7M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$23.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$82.4M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$74.8M |
| 3 |
Goldman Sachs
New York
|
-$71.7M |
| 4 |
AI
Analytic Investors
Los Angeles,
California
|
-$67.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$48.1M |
EG Hedge Fund Activity: Q4 2013 in Review
347 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q4 2013, worth a combined $7.04B — up 5.7% from $6.66B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new EG positions and 31 closed out — a net gain of 14 holders — while 115 added to existing stakes and 140 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $221M. The largest seller was Systematic Financial Management, cutting an estimated $82.4M.
- 347 institutional investors held Everest Group (EG) as of Q4 2013, up from 333 in Q3 2013.
- Funds reported $7.04B of Everest Group stock for Q4 2013, up 5.7% quarter-over-quarter.
- 45 funds opened new Everest Group positions in Q4 2013 and 31 closed out, a net change of +14 holders.
- The largest Everest Group buyer in Q4 2013 was EARNEST Partners, an estimated $221M added.
- The largest Everest Group seller in Q4 2013 was Systematic Financial Management, an estimated $82.4M sold.
Based on aggregated 13F filings for Q4 2013.