NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
227 hedge funds and large institutions have $1.4B invested in NIC Inc in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 21 closing their positions.
210% more call options, than puts
Call options by funds: $3.36M | Put options by funds: $1.08M
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
5% more funds holding
Funds holding: 216 → 227 (+11)
2% more capital invested
Capital invested by funds: $1.37B → $1.4B (+$28.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$23.7M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$20.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.53M |
| 4 |
Lazard Asset Management
New York
|
+$8.18M |
| 5 |
Renaissance Technologies
New York
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$27.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.47M |
| 3 |
CCI
Columbus Circle Investors
|
-$6.98M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$6.49M |
| 5 |
JP Morgan Chase
New York
|
-$5.47M |
EGOV Hedge Fund Activity: Q2 2020 in Review
227 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q2 2020, worth a combined $1.4B — up 2.1% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new EGOV positions and 21 closed out — a net gain of 12 holders — while 76 added to existing stakes and 85 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $23.7M. The largest seller was Brown Capital Management, cutting an estimated $27.7M.
- 227 institutional investors held NIC Inc (EGOV) as of Q2 2020, up from 216 in Q1 2020.
- Funds reported $1.4B of NIC Inc stock for Q2 2020, up 2.1% quarter-over-quarter.
- 33 funds opened new NIC Inc positions in Q2 2020 and 21 closed out, a net change of +12 holders.
- The largest NIC Inc buyer in Q2 2020 was TimesSquare Capital Management, an estimated $23.7M added.
- The largest NIC Inc seller in Q2 2020 was Brown Capital Management, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2020.