Everest Group
588 hedge funds and large institutions have $15.1B invested in Everest Group in 2023 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 224 increasing their positions, 206 reducing their positions, and 60 closing their positions.
18% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 60
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
10% more capital invested
Capital invested by funds: $13.7B → $15.1B (+$1.41B)
1% more funds holding
Funds holding: 581 → 588 (+7)
9% more repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 206
8.89% less ownership
Funds ownership: 101.88% → 92.99% (-8.9%)
38% less call options, than puts
Call options by funds: $49.2M | Put options by funds: $79.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$95.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$81.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.6M |
| 4 |
ClearBridge Investments
New York
|
+$54.5M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$154M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$85.9M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$83.4M |
| 4 |
Man Group
London,
United Kingdom
|
-$68.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$54.3M |
EG Hedge Fund Activity: Q3 2023 in Review
588 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q3 2023, worth a combined $15.1B — up 10% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new EG positions and 60 closed out — a net gain of 11 holders — while 224 added to existing stakes and 206 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $95.7M. The largest seller was Victory Capital Management, cutting an estimated $154M.
- 588 institutional investors held Everest Group (EG) as of Q3 2023, up from 581 in Q2 2023.
- Funds reported $15.1B of Everest Group stock for Q3 2023, up 10% quarter-over-quarter.
- 71 funds opened new Everest Group positions in Q3 2023 and 60 closed out, a net change of +11 holders.
- The largest Everest Group buyer in Q3 2023 was William Blair Investment Management, an estimated $95.7M added.
- The largest Everest Group seller in Q3 2023 was Victory Capital Management, an estimated $154M sold.
Based on aggregated 13F filings for Q3 2023.