Everest Group
420 hedge funds and large institutions have $8.15B invested in Everest Group in 2019 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 153 increasing their positions, 158 reducing their positions, and 52 closing their positions.
535% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $4.02M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
0.73% less ownership
Funds ownership: 93.53% → 92.79% (-0.73%)
2% less capital invested
Capital invested by funds: $8.28B → $8.15B (-$124M)
3% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 158
6% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 52
1% less funds holding
Funds holding: 425 → 420 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$37M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34.5M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$26.3M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$23.3M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$68.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$56.9M |
| 3 |
JP Morgan Chase
New York
|
-$44M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$41.5M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$28.4M |
EG Hedge Fund Activity: Q1 2019 in Review
420 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q1 2019, worth a combined $8.15B — down 1.5% from $8.28B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of EG and 49 opened new positions — a net loss of 3 holders — while 158 trimmed existing stakes and 153 added.
The largest buyer was Federated Hermes, adding an estimated $37M. The largest seller was LSV Asset Management, cutting an estimated $68.2M.
- 420 institutional investors held Everest Group (EG) as of Q1 2019, down from 425 in Q4 2018.
- Funds reported $8.15B of Everest Group stock for Q1 2019, down 1.5% quarter-over-quarter.
- 49 funds opened new Everest Group positions in Q1 2019 and 52 closed out, a net change of -3 holders.
- The largest Everest Group buyer in Q1 2019 was Federated Hermes, an estimated $37M added.
- The largest Everest Group seller in Q1 2019 was LSV Asset Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q1 2019.