NIC Inc
EGOV
EGOV was delisted on the 20th of April, 2021.
216 hedge funds and large institutions have $1.37B invested in NIC Inc in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 74 increasing their positions, 77 reducing their positions, and 43 closing their positions.
35% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $1.21M
4% more capital invested
Capital invested by funds: $1.32B → $1.37B (+$52.1M)
4% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 77
5% less funds holding
Funds holding: 228 → 216 (-12)
23% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 43
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$24.5M |
| 2 |
Lazard Asset Management
New York
|
+$11.9M |
| 3 |
ClearBridge Investments
New York
|
+$8.09M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.57M |
| 5 |
Renaissance Technologies
New York
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.33M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$8M |
| 4 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$5.14M |
| 5 |
Man Group
London,
United Kingdom
|
-$4.8M |
EGOV Hedge Fund Activity: Q1 2020 in Review
216 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in NIC Inc (EGOV) for Q1 2020, worth a combined $1.37B — up 4% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of EGOV and 33 opened new positions — a net loss of 10 holders — while 77 trimmed existing stakes and 74 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $24.5M. The largest seller was Arrowstreet Capital, cutting an estimated $13.1M.
- 216 institutional investors held NIC Inc (EGOV) as of Q1 2020, down from 228 in Q4 2019.
- Funds reported $1.37B of NIC Inc stock for Q1 2020, up 4% quarter-over-quarter.
- 33 funds opened new NIC Inc positions in Q1 2020 and 43 closed out, a net change of -10 holders.
- The largest NIC Inc buyer in Q1 2020 was TimesSquare Capital Management, an estimated $24.5M added.
- The largest NIC Inc seller in Q1 2020 was Arrowstreet Capital, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2020.