Everest Group
341 hedge funds and large institutions have $6.91B invested in Everest Group in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 105 increasing their positions, 153 reducing their positions, and 42 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.48% less ownership
Funds ownership: 94.31% → 93.82% (-0.48%)
1% less capital invested
Capital invested by funds: $6.98B → $6.91B (-$71M)
7% less funds holding
Funds holding: 366 → 341 (-25)
31% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 153
50% less call options, than puts
Call options by funds: $4.46M | Put options by funds: $8.96M
57% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$209M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$69M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$47.7M |
| 4 |
JP Morgan Chase
New York
|
+$47.2M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$94.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$67.5M |
| 3 |
O
OppenheimerFunds
New York
|
-$41.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$36.8M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$35.3M |
EG Hedge Fund Activity: Q3 2014 in Review
341 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q3 2014, worth a combined $6.91B — down 1% from $6.98B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of EG and 18 opened new positions — a net loss of 24 holders — while 153 trimmed existing stakes and 105 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $209M. The largest seller was Southeastern Asset Management, cutting an estimated $94.4M.
- 341 institutional investors held Everest Group (EG) as of Q3 2014, down from 366 in Q2 2014.
- Funds reported $6.91B of Everest Group stock for Q3 2014, down 1% quarter-over-quarter.
- 18 funds opened new Everest Group positions in Q3 2014 and 42 closed out, a net change of -24 holders.
- The largest Everest Group buyer in Q3 2014 was State of Michigan Retirement System, an estimated $209M added.
- The largest Everest Group seller in Q3 2014 was Southeastern Asset Management, an estimated $94.4M sold.
Based on aggregated 13F filings for Q3 2014.