NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
175 hedge funds and large institutions have $1.35B invested in NIC Inc in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
24% more capital invested
Capital invested by funds: $1.09B → $1.35B (+$265M)
3% more funds holding
Funds holding: 170 → 175 (+5)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $430K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$30.9M |
| 2 |
Neuberger Berman Group
New York
|
+$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.54M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.36M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$30.7M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$6M |
| 3 |
Morgan Stanley
New York
|
-$3.98M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$2.88M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
176
Trexquant Investment
Stamford,
Connecticut
| – | -$417K | -23,142 | Closed |
|
|
AAM
177
Advisors Asset Management
Monument,
Colorado
| – | -$375K | -20,778 | Closed |
|
|
HCM
178
Highbridge Capital Management
New York
| – | -$369K | -20,508 | Closed |
|
|
SCM
179
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$360K | -19,987 | Closed |
|
|
DTL
180
Dynamic Technology Lab
Singapore
| – | -$340K | -18,894 | Closed |
|
|
HIM
181
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$326K | -18,100 | Closed |
|
182
Balyasny Asset Management
Chicago,
Illinois
| – | -$249K | -13,790 | Closed |
|
|
GHA
183
GW Henssler & Associates
Kennesaw,
Georgia
| – | -$186K | -10,322 | Closed |
|
184
Squarepoint
New York
| – | -$184K | -10,203 | Closed |
|
|
FQ
185
First Quadrant
Glendale,
California
| – | -$135K | -7,500 | Closed |
|
|
ZB
186
Zions Bancorporation
Salt Lake City,
Utah
| – | +$38 | +2 | New |
|
|
IA
187
IFP Advisors
Tampa,
Florida
| – | +$269 | +14 | New |
|
|
AG
188
Advisor Group
Phoenix,
Arizona
| – | +$384 | +20 | New |
|
EGOV Hedge Fund Activity: Q2 2016 in Review
175 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q2 2016, worth a combined $1.35B — up 24% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new EGOV positions and 13 closed out — a net gain of 7 holders — while 62 added to existing stakes and 65 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $30.9M. The largest seller was Jackson Square Partners, cutting an estimated $30.7M.
- 175 institutional investors held NIC Inc (EGOV) as of Q2 2016, up from 170 in Q1 2016.
- Funds reported $1.35B of NIC Inc stock for Q2 2016, up 24% quarter-over-quarter.
- 20 funds opened new NIC Inc positions in Q2 2016 and 13 closed out, a net change of +7 holders.
- The largest NIC Inc buyer in Q2 2016 was Columbia Wanger Asset Management, an estimated $30.9M added.
- The largest NIC Inc seller in Q2 2016 was Jackson Square Partners, an estimated $30.7M sold.
Based on aggregated 13F filings for Q2 2016.