EastGroup Properties
208 hedge funds and large institutions have $1.62B invested in EastGroup Properties in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 71 reducing their positions, and 19 closing their positions.
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
3% more funds holding
Funds holding: 201 → 208 (+7)
4% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 71
1.25% less ownership
Funds ownership: 94.23% → 92.98% (-1.3%)
5% less capital invested
Capital invested by funds: $1.71B → $1.62B (-$89.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$26.8M |
| 2 |
Goldman Sachs
New York
|
+$21.7M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$12.7M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$8.87M |
| 5 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$6.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$88.1M |
| 2 |
Aviva
London,
United Kingdom
|
-$12.7M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$11.5M |
| 4 |
ACM
Adelante Capital Management
Alameda,
California
|
-$10.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.63M |
EGP Hedge Fund Activity: Q3 2015 in Review
208 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q3 2015, worth a combined $1.62B — down 5.2% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new EGP positions and 19 closed out — a net gain of 8 holders — while 74 added to existing stakes and 71 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $26.8M. The largest seller was Invesco, cutting an estimated $88.1M.
- 208 institutional investors held EastGroup Properties (EGP) as of Q3 2015, up from 201 in Q2 2015.
- Funds reported $1.62B of EastGroup Properties stock for Q3 2015, down 5.2% quarter-over-quarter.
- 27 funds opened new EastGroup Properties positions in Q3 2015 and 19 closed out, a net change of +8 holders.
- The largest EastGroup Properties buyer in Q3 2015 was Millennium Management, an estimated $26.8M added.
- The largest EastGroup Properties seller in Q3 2015 was Invesco, an estimated $88.1M sold.
Based on aggregated 13F filings for Q3 2015.