Eagle Bancorp
EGBN
168 hedge funds and large institutions have $1.59B invested in Eagle Bancorp in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 55 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
7% more capital invested
Capital invested by funds: $1.48B → $1.59B (+$102M)
2% more funds holding
Funds holding: 164 → 168 (+4)
7% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 55
0.4% more ownership
Funds ownership: 68.85% → 69.26% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$35.9M |
| 2 |
Jennison Associates
New York
|
+$15.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.58M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$4.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$36.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.5M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$5.82M |
| 4 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$5.5M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$4.74M |
EGBN Hedge Fund Activity: Q3 2017 in Review
168 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q3 2017, worth a combined $1.59B — up 6.9% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EGBN positions and 12 closed out — a net gain of 6 holders — while 59 added to existing stakes and 55 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $35.9M. The largest seller was PNC Financial Services Group, cutting an estimated $36.6M.
- 168 institutional investors held Eagle Bancorp (EGBN) as of Q3 2017, up from 164 in Q2 2017.
- Funds reported $1.59B of Eagle Bancorp stock for Q3 2017, up 6.9% quarter-over-quarter.
- 18 funds opened new Eagle Bancorp positions in Q3 2017 and 12 closed out, a net change of +6 holders.
- The largest Eagle Bancorp buyer in Q3 2017 was Capital Research Global Investors, an estimated $35.9M added.
- The largest Eagle Bancorp seller in Q3 2017 was PNC Financial Services Group, an estimated $36.6M sold.
Based on aggregated 13F filings for Q3 2017.