NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
203 hedge funds and large institutions have $1.17B invested in NIC Inc in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 88 reducing their positions, and 41 closing their positions.
202% more call options, than puts
Call options by funds: $939K | Put options by funds: $311K
11% less funds holding
Funds holding: 227 → 203 (-24)
16% less capital invested
Capital invested by funds: $1.4B → $1.17B (-$225M)
28% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 88
59% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 41
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$12.9M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$7.05M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.34M |
| 4 |
Man Group
London,
United Kingdom
|
+$6.3M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$9.95M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$6.98M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.79M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$5.43M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.26M |
EGOV Hedge Fund Activity: Q3 2020 in Review
203 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q3 2020, worth a combined $1.17B — down 16% from $1.4B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of EGOV and 17 opened new positions — a net loss of 24 holders — while 88 trimmed existing stakes and 63 added.
The largest buyer was Lazard Asset Management, adding an estimated $12.9M. The largest seller was Norges Bank, cutting an estimated $9.95M.
- 203 institutional investors held NIC Inc (EGOV) as of Q3 2020, down from 227 in Q2 2020.
- Funds reported $1.17B of NIC Inc stock for Q3 2020, down 16% quarter-over-quarter.
- 17 funds opened new NIC Inc positions in Q3 2020 and 41 closed out, a net change of -24 holders.
- The largest NIC Inc buyer in Q3 2020 was Lazard Asset Management, an estimated $12.9M added.
- The largest NIC Inc seller in Q3 2020 was Norges Bank, an estimated $9.95M sold.
Based on aggregated 13F filings for Q3 2020.