Everest Group
641 hedge funds and large institutions have $16.2B invested in Everest Group in 2024 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 218 increasing their positions, 268 reducing their positions, and 92 closing their positions.
14% more capital invested
Capital invested by funds: $14.2B → $16.2B (+$1.97B)
1.26% more ownership
Funds ownership: 92.82% → 94.08% (+1.3%)
4% less funds holding
Funds holding: 668 → 641 (-27)
19% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 268
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
23% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 92
37% less call options, than puts
Call options by funds: $41.1M | Put options by funds: $65.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$699M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$101M |
| 3 |
KBC Group
Brussels,
Belgium
|
+$101M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$98.7M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$85.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$231M |
| 2 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$103M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$75.1M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$66.1M |
| 5 |
Bank of New York Mellon
New York
|
-$65.3M |
EG Hedge Fund Activity: Q1 2024 in Review
641 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Everest Group (EG) for Q1 2024, worth a combined $16.2B — up 14% from $14.2B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of EG and 71 opened new positions — a net loss of 21 holders — while 268 trimmed existing stakes and 218 added.
The largest buyer was Wellington Management Group, adding an estimated $699M. The largest seller was Viking Global Investors, exiting entirely with an estimated $231M sold.
- 641 institutional investors held Everest Group (EG) as of Q1 2024, down from 668 in Q4 2023.
- Funds reported $16.2B of Everest Group stock for Q1 2024, up 14% quarter-over-quarter.
- 71 funds opened new Everest Group positions in Q1 2024 and 92 closed out, a net change of -21 holders.
- The largest Everest Group buyer in Q1 2024 was Wellington Management Group, an estimated $699M added.
- The largest Everest Group seller in Q1 2024 was Viking Global Investors, an estimated $231M sold.
Based on aggregated 13F filings for Q1 2024.