NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
204 hedge funds and large institutions have $851M invested in NIC Inc in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 72 increasing their positions, 70 reducing their positions, and 25 closing their positions.
32% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 25
2% more funds holding
Funds holding: 200 → 204 (+4)
3% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 70
22% less capital invested
Capital invested by funds: $1.09B → $851M (-$237M)
77% less call options, than puts
Call options by funds: $3.4M | Put options by funds: $15M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$18.5M |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$11.5M |
| 3 |
DAM
DLD Asset Management
New York
|
+$10.3M |
| 4 |
MCM
Matarin Capital Management
New York
|
+$8.45M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$20.4M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$18.9M |
| 3 |
BlackRock
New York
|
-$10.4M |
| 4 |
FAM
Fred Alger Management
New York
|
-$10.3M |
| 5 |
Morgan Stanley
New York
|
-$10.1M |
EGOV Hedge Fund Activity: Q1 2018 in Review
204 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q1 2018, worth a combined $851M — down 22% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new EGOV positions and 25 closed out — a net gain of 8 holders — while 72 added to existing stakes and 70 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $18.5M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $20.4M sold.
- 204 institutional investors held NIC Inc (EGOV) as of Q1 2018, up from 200 in Q4 2017.
- Funds reported $851M of NIC Inc stock for Q1 2018, down 22% quarter-over-quarter.
- 33 funds opened new NIC Inc positions in Q1 2018 and 25 closed out, a net change of +8 holders.
- The largest NIC Inc buyer in Q1 2018 was First Trust Advisors, an estimated $18.5M added.
- The largest NIC Inc seller in Q1 2018 was TimesSquare Capital Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2018.