Everest Group
668 hedge funds and large institutions have $14.2B invested in Everest Group in 2023 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 256 increasing their positions, 199 reducing their positions, and 38 closing their positions.
224% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 38
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
29% more repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 199
14% more funds holding
Funds holding: 588 → 668 (+80)
0.17% less ownership
Funds ownership: 92.99% → 92.82% (-0.17%)
6% less capital invested
Capital invested by funds: $15.1B → $14.2B (-$854M)
65% less call options, than puts
Call options by funds: $26.6M | Put options by funds: $76.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$211M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$120M |
| 3 |
AssetMark Inc
Concord,
California
|
+$114M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$80.5M |
| 5 |
Man Group
London,
United Kingdom
|
+$75.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$242M |
| 2 |
Bank of New York Mellon
New York
|
-$169M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$118M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$97.9M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$82.9M |
EG Hedge Fund Activity: Q4 2023 in Review
668 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q4 2023, worth a combined $14.2B — down 5.7% from $15.1B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new EG positions and 38 closed out — a net gain of 85 holders — while 256 added to existing stakes and 199 trimmed.
The largest buyer was BlackRock, adding an estimated $211M. The largest seller was Victory Capital Management, cutting an estimated $242M.
- 668 institutional investors held Everest Group (EG) as of Q4 2023, up from 588 in Q3 2023.
- Funds reported $14.2B of Everest Group stock for Q4 2023, down 5.7% quarter-over-quarter.
- 123 funds opened new Everest Group positions in Q4 2023 and 38 closed out, a net change of +85 holders.
- The largest Everest Group buyer in Q4 2023 was BlackRock, an estimated $211M added.
- The largest Everest Group seller in Q4 2023 was Victory Capital Management, an estimated $242M sold.
Based on aggregated 13F filings for Q4 2023.