NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
170 hedge funds and large institutions have $1.09B invested in NIC Inc in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 75 increasing their positions, 43 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
74% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 43
7% more funds holding
Funds holding: 159 → 170 (+11)
7% less capital invested
Capital invested by funds: $1.17B → $1.09B (-$80.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$13.1M |
| 2 |
Bank of New York Mellon
New York
|
+$12.9M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$7.01M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$6.1M |
| 5 |
FAM
Fred Alger Management
New York
|
+$5.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.9M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$13.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$6.11M |
| 4 |
TA
Teachers Advisors
New York
|
-$5.1M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$3.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
ProShare Advisors
Bethesda,
Maryland
| – | -$218K | -11,055 | Closed |
|
|
CCMH
177
Cornerstone Capital Management Holdings
New York
| – | -$157K | -8,002 | Closed |
|
|
MCM
178
Manchester Capital Management
Manchester,
Vermont
| – | -$51K | -2,600 | Closed |
|
|
TRCT
179
Tower Research Capital (TRC)
New York
| – | -$22K | -1,121 | Closed |
|
180
Simplex Trading
Chicago,
Illinois
| – | -$10K | -529 | Closed |
|
181
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -170 | Closed |
|
|
TDC
182
Thompson Davis & Co
Richmond,
Virginia
| – | -$2K | -125 | Closed |
|
EGOV Hedge Fund Activity: Q1 2016 in Review
170 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q1 2016, worth a combined $1.09B — down 6.9% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new EGOV positions and 13 closed out — a net gain of 11 holders — while 75 added to existing stakes and 43 trimmed.
The largest buyer was Columbia Wanger Asset Management, opening a new position worth an estimated $13.1M. The largest seller was Fidelity Investments, cutting an estimated $32.9M.
- 170 institutional investors held NIC Inc (EGOV) as of Q1 2016, up from 159 in Q4 2015.
- Funds reported $1.09B of NIC Inc stock for Q1 2016, down 6.9% quarter-over-quarter.
- 24 funds opened new NIC Inc positions in Q1 2016 and 13 closed out, a net change of +11 holders.
- The largest NIC Inc buyer in Q1 2016 was Columbia Wanger Asset Management, an estimated $13.1M added.
- The largest NIC Inc seller in Q1 2016 was Fidelity Investments, an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2016.