Eagle Bancorp
EGBN
123 hedge funds and large institutions have $501M invested in Eagle Bancorp in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 48 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more capital invested
Capital invested by funds: $411M → $501M (+$89.7M)
12% more funds holding
Funds holding: 110 → 123 (+13)
27% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$14.8M |
| 2 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$6.57M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$5.99M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.86M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.12M |
| 2 |
EP
Emrys Partners
New York
|
-$3.97M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.85M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.58M |
| 5 |
Goldman Sachs
New York
|
-$3.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIS
126
Horizon Investment Services
Hammond,
Indiana
| – | -$1.23M | -40,015 | Closed |
|
|
WCM
127
Wedge Capital Management
Charlotte,
North Carolina
| – | -$1M | -32,700 | Closed |
|
128
Millennium Management
New York
| – | -$524K | -17,098 | Closed |
|
129
Axa
Paris,
France
| – | -$383K | -12,500 | Closed |
|
|
EMG
130
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$282K | -9,200 | Closed |
|
131
Credit Agricole
Montrouge Cedex,
France
| – | -$41K | -1,319 | Closed |
|
|
TWI
132
Thomas White International
Chicago,
Illinois
| – | -$9K | -305 | Closed |
|
EGBN Hedge Fund Activity: Q1 2014 in Review
123 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q1 2014, worth a combined $501M — up 22% from $411M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EGBN positions and 9 closed out — a net gain of 14 holders — while 35 added to existing stakes and 48 trimmed.
The largest buyer was Walthausen & Co, opening a new position worth an estimated $14.8M. The largest seller was Wellington Management Group, cutting an estimated $4.12M.
- 123 institutional investors held Eagle Bancorp (EGBN) as of Q1 2014, up from 110 in Q4 2013.
- Funds reported $501M of Eagle Bancorp stock for Q1 2014, up 22% quarter-over-quarter.
- 23 funds opened new Eagle Bancorp positions in Q1 2014 and 9 closed out, a net change of +14 holders.
- The largest Eagle Bancorp buyer in Q1 2014 was Walthausen & Co, an estimated $14.8M added.
- The largest Eagle Bancorp seller in Q1 2014 was Wellington Management Group, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2014.