Everest Group
406 hedge funds and large institutions have $8.84B invested in Everest Group in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 136 increasing their positions, 173 reducing their positions, and 59 closing their positions.
1.78% more ownership
Funds ownership: 93.83% → 95.61% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more capital invested
Capital invested by funds: $8.84B → $8.84B (+$203K)
8% less funds holding
Funds holding: 440 → 406 (-34)
16% less call options, than puts
Call options by funds: $14.1M | Put options by funds: $16.9M
21% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 173
46% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$179M |
| 2 |
JP Morgan Chase
New York
|
+$142M |
| 3 |
Royal London Asset Management
United Kingdom
|
+$87.1M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$59.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$53.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$81M |
| 2 |
Man Group
London,
United Kingdom
|
-$77.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$41.9M |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$34.4M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$33.1M |
EG Hedge Fund Activity: Q3 2018 in Review
406 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q3 2018, worth a combined $8.84B — up 0% from $8.84B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of EG and 32 opened new positions — a net loss of 27 holders — while 173 trimmed existing stakes and 136 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $179M. The largest seller was AQR Capital Management, cutting an estimated $81M.
- 406 institutional investors held Everest Group (EG) as of Q3 2018, down from 440 in Q2 2018.
- Funds reported $8.84B of Everest Group stock for Q3 2018, up 0% quarter-over-quarter.
- 32 funds opened new Everest Group positions in Q3 2018 and 59 closed out, a net change of -27 holders.
- The largest Everest Group buyer in Q3 2018 was State of Michigan Retirement System, an estimated $179M added.
- The largest Everest Group seller in Q3 2018 was AQR Capital Management, an estimated $81M sold.
Based on aggregated 13F filings for Q3 2018.