Eagle Bancorp
EGBN
164 hedge funds and large institutions have $1.48B invested in Eagle Bancorp in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 69 increasing their positions, 50 reducing their positions, and 13 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
38% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 50
8% more capital invested
Capital invested by funds: $1.37B → $1.48B (+$110M)
1.37% more ownership
Funds ownership: 67.49% → 68.85% (+1.4%)
2% less funds holding
Funds holding: 168 → 164 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$20.9M |
| 2 |
Jennison Associates
New York
|
+$11.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.72M |
| 4 |
BlackRock
New York
|
+$6.18M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$11.2M |
| 2 |
Millennium Management
New York
|
-$7.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.16M |
| 4 |
Goldman Sachs
New York
|
-$3.58M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$3.02M |
EGBN Hedge Fund Activity: Q2 2017 in Review
164 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q2 2017, worth a combined $1.48B — up 8% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EGBN and 11 opened new positions — a net loss of 2 holders — while 50 trimmed existing stakes and 69 added.
The largest buyer was Wasatch Advisors, adding an estimated $20.9M. The largest seller was Eaton Vance Management, cutting an estimated $11.2M.
- 164 institutional investors held Eagle Bancorp (EGBN) as of Q2 2017, down from 168 in Q1 2017.
- Funds reported $1.48B of Eagle Bancorp stock for Q2 2017, up 8% quarter-over-quarter.
- 11 funds opened new Eagle Bancorp positions in Q2 2017 and 13 closed out, a net change of -2 holders.
- The largest Eagle Bancorp buyer in Q2 2017 was Wasatch Advisors, an estimated $20.9M added.
- The largest Eagle Bancorp seller in Q2 2017 was Eaton Vance Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2017.