Everest Group
387 hedge funds and large institutions have $7.15B invested in Everest Group in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 135 increasing their positions, 156 reducing their positions, and 34 closing their positions.
35% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 34
2% more funds holding
Funds holding: 379 → 387 (+8)
1.57% less ownership
Funds ownership: 94.08% → 92.5% (-1.6%)
10% less capital invested
Capital invested by funds: $7.93B → $7.15B (-$776M)
13% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 156
35% less call options, than puts
Call options by funds: $5.47M | Put options by funds: $8.36M
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$117M |
| 2 |
JP Morgan Chase
New York
|
+$64.2M |
| 3 |
Millennium Management
New York
|
+$28.1M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$22.2M |
| 5 |
FAF
Första AP-fonden
Stockholm,
Sweden
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$139M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$120M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$102M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$30.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$25.9M |
EG Hedge Fund Activity: Q2 2016 in Review
387 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q2 2016, worth a combined $7.15B — down 9.8% from $7.93B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new EG positions and 34 closed out — a net gain of 12 holders — while 135 added to existing stakes and 156 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $117M. The largest seller was Goldman Sachs, cutting an estimated $139M.
- 387 institutional investors held Everest Group (EG) as of Q2 2016, up from 379 in Q1 2016.
- Funds reported $7.15B of Everest Group stock for Q2 2016, down 9.8% quarter-over-quarter.
- 46 funds opened new Everest Group positions in Q2 2016 and 34 closed out, a net change of +12 holders.
- The largest Everest Group buyer in Q2 2016 was Citadel Advisors, an estimated $117M added.
- The largest Everest Group seller in Q2 2016 was Goldman Sachs, an estimated $139M sold.
Based on aggregated 13F filings for Q2 2016.