NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
193 hedge funds and large institutions have $1.2B invested in NIC Inc in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 95 increasing their positions, 48 reducing their positions, and 21 closing their positions.
98% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 48
65% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $765K
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
2% more funds holding
Funds holding: 189 → 193 (+4)
5% less capital invested
Capital invested by funds: $1.26B → $1.2B (-$63.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.6M |
| 2 |
Bank of New York Mellon
New York
|
+$9.61M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$8.51M |
| 4 |
Millennium Management
New York
|
+$8.27M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$32.2M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$8.69M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$8.51M |
| 4 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$7.72M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Balyasny Asset Management
Chicago,
Illinois
| – | -$381K | -18,881 | Closed |
|
|
KI
202
Koch Industries
Wichita,
Kansas
| – | -$349K | -17,264 | Closed |
|
203
Verition Fund Management
Greenwich,
Connecticut
| – | -$339K | -16,777 | Closed |
|
204
Squarepoint
New York
| – | -$246K | -12,196 | Closed |
|
|
ZIM
205
Zacks Investment Management
Chicago,
Illinois
| – | -$222K | -10,968 | Closed |
|
|
FQ
206
First Quadrant
Glendale,
California
| – | -$82K | -4,048 | Closed |
|
|
TRCT
207
Tower Research Capital (TRC)
New York
| – | -$26K | -1,273 | Closed |
|
|
ST
208
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$10K | -515 | Closed |
|
|
FIB
209
First Interstate Bank
Billings,
Montana
| – | -$8K | -389 | Closed |
|
|
WT
210
Whittier Trust
South Pasadena,
California
| – | -$5K | -270 | Closed |
|
211
Simplex Trading
Chicago,
Illinois
| – | -$4.58K | -224 | Closed |
|
|
PFBT
212
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$511 | -25 | -69% |
|
EGOV Hedge Fund Activity: Q2 2017 in Review
193 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q2 2017, worth a combined $1.2B — down 5.1% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EGOV positions and 21 closed out — a net gain of 4 holders — while 95 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $13.6M. The largest seller was Brown Capital Management, cutting an estimated $32.2M.
- 193 institutional investors held NIC Inc (EGOV) as of Q2 2017, up from 189 in Q1 2017.
- Funds reported $1.2B of NIC Inc stock for Q2 2017, down 5.1% quarter-over-quarter.
- 25 funds opened new NIC Inc positions in Q2 2017 and 21 closed out, a net change of +4 holders.
- The largest NIC Inc buyer in Q2 2017 was BlackRock, an estimated $13.6M added.
- The largest NIC Inc seller in Q2 2017 was Brown Capital Management, an estimated $32.2M sold.
Based on aggregated 13F filings for Q2 2017.