Everest Group
429 hedge funds and large institutions have $7.33B invested in Everest Group in 2020 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 149 increasing their positions, 157 reducing their positions, and 75 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 157
2.55% less ownership
Funds ownership: 95.84% → 93.29% (-2.6%)
3% less funds holding
Funds holding: 443 → 429 (-14)
11% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 75
32% less capital invested
Capital invested by funds: $10.8B → $7.33B (-$3.49B)
36% less call options, than puts
Call options by funds: $11.8M | Put options by funds: $18.3M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$110M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$87M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$84.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$45M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$207M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$132M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$47.9M |
| 4 |
Goldman Sachs
New York
|
-$34.6M |
| 5 |
Pzena Investment Management
New York
|
-$32.4M |
EG Hedge Fund Activity: Q1 2020 in Review
429 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q1 2020, worth a combined $7.33B — down 32% from $10.8B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of EG and 67 opened new positions — a net loss of 8 holders — while 157 trimmed existing stakes and 149 added.
The largest buyer was Capital International Investors, adding an estimated $110M. The largest seller was AllianceBernstein, cutting an estimated $207M.
- 429 institutional investors held Everest Group (EG) as of Q1 2020, down from 443 in Q4 2019.
- Funds reported $7.33B of Everest Group stock for Q1 2020, down 32% quarter-over-quarter.
- 67 funds opened new Everest Group positions in Q1 2020 and 75 closed out, a net change of -8 holders.
- The largest Everest Group buyer in Q1 2020 was Capital International Investors, an estimated $110M added.
- The largest Everest Group seller in Q1 2020 was AllianceBernstein, an estimated $207M sold.
Based on aggregated 13F filings for Q1 2020.