NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
211 hedge funds and large institutions have $911M invested in NIC Inc in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 74 reducing their positions, and 21 closing their positions.
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
3% more funds holding
Funds holding: 205 → 211 (+6)
5% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 74
10% less capital invested
Capital invested by funds: $1.01B → $911M (-$95.9M)
44% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $3.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$7.02M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$5.17M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$4.53M |
| 5 |
Goldman Sachs
New York
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$71.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.9M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$5.95M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$4.83M |
| 5 |
Two Sigma Investments
New York
|
-$3.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
SEI Investments
Oaks,
Pennsylvania
| – | -$43K | -2,761 | Closed |
|
|
GT
227
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$30K | -1,930 | Closed |
|
228
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$29K | -1,855 | Closed |
|
|
CHP
229
Cable Hill Partners
Portland,
Oregon
| – | -$1K | -72 | Closed |
|
|
CAG
230
Csenge Advisory Group
Clearwater,
Florida
| – | +$356 | +22 | New |
|
EGOV Hedge Fund Activity: Q3 2018 in Review
211 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q3 2018, worth a combined $911M — down 9.5% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EGOV positions and 21 closed out — a net gain of 8 holders — while 70 added to existing stakes and 74 trimmed.
The largest buyer was Millennium Management, adding an estimated $11M. The largest seller was First Trust Advisors, cutting an estimated $71.2M.
- 211 institutional investors held NIC Inc (EGOV) as of Q3 2018, up from 205 in Q2 2018.
- Funds reported $911M of NIC Inc stock for Q3 2018, down 9.5% quarter-over-quarter.
- 29 funds opened new NIC Inc positions in Q3 2018 and 21 closed out, a net change of +8 holders.
- The largest NIC Inc buyer in Q3 2018 was Millennium Management, an estimated $11M added.
- The largest NIC Inc seller in Q3 2018 was First Trust Advisors, an estimated $71.2M sold.
Based on aggregated 13F filings for Q3 2018.