NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
200 hedge funds and large institutions have $1.42B invested in NIC Inc in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 76 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
9% more funds holding
Funds holding: 184 → 200 (+16)
3% more capital invested
Capital invested by funds: $1.38B → $1.42B (+$46.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 76
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.19M |
| 3 |
Morgan Stanley
New York
|
+$4.63M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.99M |
| 5 |
JP Morgan Chase
New York
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$19.8M |
| 2 |
Bank of New York Mellon
New York
|
-$5.98M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$4.5M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$4.36M |
| 5 |
Goldman Sachs
New York
|
-$3.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
201
Neuberger Berman Group
New York
| – | -$19.8M | -843,950 | Closed |
|
202
Arrowstreet Capital
Boston,
Massachusetts
| – | -$3.01M | -128,103 | Closed |
|
203
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
| – | -$2.57M | -109,300 | Closed |
|
204
Teacher Retirement System of Texas
Austin,
Texas
| – | -$677K | -28,791 | Closed |
|
|
CB
205
Commerce Bank
Kansas City,
Missouri
| – | -$447K | -19,000 | Closed |
|
|
HCM
206
Highbridge Capital Management
New York
| – | -$437K | -18,610 | Closed |
|
|
FBB
207
Fulton Breakefield Broenniman
Bethesda,
Maryland
| – | -$238K | -10,115 | Closed |
|
208
TD Asset Management
Toronto,
Ontario, Canada
| – | -$221K | -9,400 | Closed |
|
|
NIT
209
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$96K | -4,100 | Closed |
|
|
BAM
210
Brave Asset Management
Summit,
New Jersey
| – | -$59K | -2,500 | Closed |
|
|
JIM
211
Jupiter Investment Management
London,
United Kingdom
| – | -$55K | -2,341 | Closed |
|
EGOV Hedge Fund Activity: Q4 2016 in Review
200 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q4 2016, worth a combined $1.42B — up 3.3% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new EGOV positions and 11 closed out — a net gain of 19 holders — while 68 added to existing stakes and 76 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $12.9M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $19.8M sold.
- 200 institutional investors held NIC Inc (EGOV) as of Q4 2016, up from 184 in Q3 2016.
- Funds reported $1.42B of NIC Inc stock for Q4 2016, up 3.3% quarter-over-quarter.
- 30 funds opened new NIC Inc positions in Q4 2016 and 11 closed out, a net change of +19 holders.
- The largest NIC Inc buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $12.9M added.
- The largest NIC Inc seller in Q4 2016 was Neuberger Berman Group, an estimated $19.8M sold.
Based on aggregated 13F filings for Q4 2016.