NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
215 hedge funds and large institutions have $1.03B invested in NIC Inc in 2019 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 81 increasing their positions, 69 reducing their positions, and 25 closing their positions.
1,055% more call options, than puts
Call options by funds: $4.63M | Put options by funds: $401K
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
39% more capital invested
Capital invested by funds: $740M → $1.03B (+$289M)
17% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 69
5% more funds holding
Funds holding: 204 → 215 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.2M |
| 2 |
Renaissance Technologies
New York
|
+$10.3M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$6.17M |
| 4 |
WRM
Weybosset Research & Management
Province,
Rhode Island
|
+$5.66M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$13.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$11.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.76M |
| 4 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
-$7.24M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.18M |
EGOV Hedge Fund Activity: Q1 2019 in Review
215 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q1 2019, worth a combined $1.03B — up 39% from $740M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new EGOV positions and 25 closed out — a net gain of 12 holders — while 81 added to existing stakes and 69 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $17.2M. The largest seller was Brown Capital Management, cutting an estimated $13.3M.
- 215 institutional investors held NIC Inc (EGOV) as of Q1 2019, up from 204 in Q4 2018.
- Funds reported $1.03B of NIC Inc stock for Q1 2019, up 39% quarter-over-quarter.
- 37 funds opened new NIC Inc positions in Q1 2019 and 25 closed out, a net change of +12 holders.
- The largest NIC Inc buyer in Q1 2019 was Arrowstreet Capital, an estimated $17.2M added.
- The largest NIC Inc seller in Q1 2019 was Brown Capital Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2019.