Eagle Bancorp
EGBN
171 hedge funds and large institutions have $1.22B invested in Eagle Bancorp in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 59 reducing their positions, and 28 closing their positions.
0.77% less ownership
Funds ownership: 70.78% → 70.02% (-0.77%)
3% less funds holding
Funds holding: 177 → 171 (-6)
15% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 59
18% less capital invested
Capital invested by funds: $1.49B → $1.22B (-$273M)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$13.2M |
| 3 |
EIP
Epoch Investment Partners
New York
|
+$8.78M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.27M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$37.4M |
| 2 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$17.4M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$14.3M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$11.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$6.36M |
EGBN Hedge Fund Activity: Q3 2018 in Review
171 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q3 2018, worth a combined $1.22B — down 18% from $1.49B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of EGBN and 22 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 50 added.
The largest buyer was Millennium Management, adding an estimated $17M. The largest seller was Goldman Sachs, cutting an estimated $37.4M.
- 171 institutional investors held Eagle Bancorp (EGBN) as of Q3 2018, down from 177 in Q2 2018.
- Funds reported $1.22B of Eagle Bancorp stock for Q3 2018, down 18% quarter-over-quarter.
- 22 funds opened new Eagle Bancorp positions in Q3 2018 and 28 closed out, a net change of -6 holders.
- The largest Eagle Bancorp buyer in Q3 2018 was Millennium Management, an estimated $17M added.
- The largest Eagle Bancorp seller in Q3 2018 was Goldman Sachs, an estimated $37.4M sold.
Based on aggregated 13F filings for Q3 2018.