Eagle Bancorp
EGBN
176 hedge funds and large institutions have $487M invested in Eagle Bancorp in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 58 reducing their positions, and 48 closing their positions.
92% more call options, than puts
Call options by funds: $230K | Put options by funds: $120K
12% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 58
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.14% less ownership
Funds ownership: 76.04% → 74.9% (-1.1%)
11% less funds holding
Funds holding: 197 → 176 (-21)
38% less capital invested
Capital invested by funds: $790M → $487M (-$302M)
44% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$6.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.59M |
| 3 |
Morgan Stanley
New York
|
+$6.56M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.5M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$39.8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.8M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$9.93M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.47M |
| 5 |
JP Morgan Chase
New York
|
-$3.96M |
EGBN Hedge Fund Activity: Q2 2023 in Review
176 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q2 2023, worth a combined $487M — down 38% from $790M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of EGBN and 27 opened new positions — a net loss of 21 holders — while 58 trimmed existing stakes and 65 added.
The largest buyer was State Street, adding an estimated $6.89M. The largest seller was Victory Capital Management, exiting entirely with an estimated $39.8M sold.
- 176 institutional investors held Eagle Bancorp (EGBN) as of Q2 2023, down from 197 in Q1 2023.
- Funds reported $487M of Eagle Bancorp stock for Q2 2023, down 38% quarter-over-quarter.
- 27 funds opened new Eagle Bancorp positions in Q2 2023 and 48 closed out, a net change of -21 holders.
- The largest Eagle Bancorp buyer in Q2 2023 was State Street, an estimated $6.89M added.
- The largest Eagle Bancorp seller in Q2 2023 was Victory Capital Management, an estimated $39.8M sold.
Based on aggregated 13F filings for Q2 2023.