Eagle Bancorp
EGBN
170 hedge funds and large institutions have $743M invested in Eagle Bancorp in 2020 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
73% more call options, than puts
Call options by funds: $673K | Put options by funds: $389K
8% more funds holding
Funds holding: 158 → 170 (+12)
3% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 58
3% more capital invested
Capital invested by funds: $721M → $743M (+$21.5M)
2.28% less ownership
Funds ownership: 72.76% → 70.48% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.56M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$1.84M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.65M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.16M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$30.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.67M |
| 3 |
BlackRock
New York
|
-$6.53M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.71M |
| 5 |
WANY
Wealthspire Advisors (New York)
New York
|
-$2.49M |
EGBN Hedge Fund Activity: Q2 2020 in Review
170 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Eagle Bancorp (EGBN) for Q2 2020, worth a combined $743M — up 3% from $721M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new EGBN positions and 14 closed out — a net gain of 12 holders — while 60 added to existing stakes and 58 trimmed.
The largest buyer was Northern Trust, adding an estimated $3.56M. The largest seller was Victory Capital Management, cutting an estimated $30.2M.
- 170 institutional investors held Eagle Bancorp (EGBN) as of Q2 2020, up from 158 in Q1 2020.
- Funds reported $743M of Eagle Bancorp stock for Q2 2020, up 3% quarter-over-quarter.
- 26 funds opened new Eagle Bancorp positions in Q2 2020 and 14 closed out, a net change of +12 holders.
- The largest Eagle Bancorp buyer in Q2 2020 was Northern Trust, an estimated $3.56M added.
- The largest Eagle Bancorp seller in Q2 2020 was Victory Capital Management, an estimated $30.2M sold.
Based on aggregated 13F filings for Q2 2020.