Eagle Bancorp
EGBN
168 hedge funds and large institutions have $1.37B invested in Eagle Bancorp in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 58 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
1% more funds holding
Funds holding: 166 → 168 (+2)
4% less capital invested
Capital invested by funds: $1.43B → $1.37B (-$56.9M)
5% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 58
2.32% less ownership
Funds ownership: 69.84% → 67.53% (-2.3%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$119M |
| 2 |
Jennison Associates
New York
|
+$18.9M |
| 3 |
TA
Teachers Advisors
New York
|
+$13M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$12.2M |
| 5 |
Millennium Management
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$56.2M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$33.4M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.63M |
| 4 |
Bank of New York Mellon
New York
|
-$7.33M |
| 5 |
MCM
Mitchell Capital Management
Leawood,
Kansas
|
-$4.24M |
EGBN Hedge Fund Activity: Q1 2017 in Review
168 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q1 2017, worth a combined $1.37B — down 4% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EGBN positions and 15 closed out — a net gain of 8 holders — while 55 added to existing stakes and 58 trimmed.
The largest buyer was BlackRock, adding an estimated $119M. The largest seller was Goldman Sachs, cutting an estimated $56.2M.
- 168 institutional investors held Eagle Bancorp (EGBN) as of Q1 2017, up from 166 in Q4 2016.
- Funds reported $1.37B of Eagle Bancorp stock for Q1 2017, down 4% quarter-over-quarter.
- 23 funds opened new Eagle Bancorp positions in Q1 2017 and 15 closed out, a net change of +8 holders.
- The largest Eagle Bancorp buyer in Q1 2017 was BlackRock, an estimated $119M added.
- The largest Eagle Bancorp seller in Q1 2017 was Goldman Sachs, an estimated $56.2M sold.
Based on aggregated 13F filings for Q1 2017.