Eagle Bancorp
EGBN
172 hedge funds and large institutions have $1.11B invested in Eagle Bancorp in 2019 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 75 increasing their positions, 47 reducing their positions, and 31 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 47
6% more call options, than puts
Call options by funds: $923K | Put options by funds: $870K
3.12% less ownership
Funds ownership: 75.51% → 72.39% (-3.1%)
3% less funds holding
Funds holding: 178 → 172 (-6)
19% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 31
22% less capital invested
Capital invested by funds: $1.41B → $1.11B (-$305M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.7M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$7.82M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.58M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.99M |
| 5 |
JP Morgan Chase
New York
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$43.5M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$23.6M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$12.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$10.4M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$7.85M |
EGBN Hedge Fund Activity: Q3 2019 in Review
172 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q3 2019, worth a combined $1.11B — down 22% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of EGBN and 25 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 75 added.
The largest buyer was BlackRock, adding an estimated $10.7M. The largest seller was Victory Capital Management, cutting an estimated $43.5M.
- 172 institutional investors held Eagle Bancorp (EGBN) as of Q3 2019, down from 178 in Q2 2019.
- Funds reported $1.11B of Eagle Bancorp stock for Q3 2019, down 22% quarter-over-quarter.
- 25 funds opened new Eagle Bancorp positions in Q3 2019 and 31 closed out, a net change of -6 holders.
- The largest Eagle Bancorp buyer in Q3 2019 was BlackRock, an estimated $10.7M added.
- The largest Eagle Bancorp seller in Q3 2019 was Victory Capital Management, an estimated $43.5M sold.
Based on aggregated 13F filings for Q3 2019.