NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
240 hedge funds and large institutions have $2.14B invested in NIC Inc in 2021 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 62 increasing their positions, 82 reducing their positions, and 56 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
142% more call options, than puts
Call options by funds: $1.28M | Put options by funds: $529K
40% more capital invested
Capital invested by funds: $1.53B → $2.14B (+$608M)
39% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 56
9% more funds holding
Funds holding: 221 → 240 (+19)
24% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$54.4M |
| 2 |
Goldman Sachs
New York
|
+$47.1M |
| 3 |
GL
Governors Lane
New York
|
+$21.9M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$21.4M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$61.3M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$58.7M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$51.5M |
| 4 |
Lazard Asset Management
New York
|
-$41.6M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$28.3M |
EGOV Hedge Fund Activity: Q1 2021 in Review
240 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q1 2021, worth a combined $2.14B — up 40% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new EGOV positions and 56 closed out — a net gain of 22 holders — while 62 added to existing stakes and 82 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $54.4M. The largest seller was Eaton Vance Management, cutting an estimated $61.3M.
- 240 institutional investors held NIC Inc (EGOV) as of Q1 2021, up from 221 in Q4 2020.
- Funds reported $2.14B of NIC Inc stock for Q1 2021, up 40% quarter-over-quarter.
- 78 funds opened new NIC Inc positions in Q1 2021 and 56 closed out, a net change of +22 holders.
- The largest NIC Inc buyer in Q1 2021 was Water Island Capital, an estimated $54.4M added.
- The largest NIC Inc seller in Q1 2021 was Eaton Vance Management, an estimated $61.3M sold.
Based on aggregated 13F filings for Q1 2021.