EastGroup Properties
210 hedge funds and large institutions have $1.83B invested in EastGroup Properties in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 91 increasing their positions, 60 reducing their positions, and 20 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 60
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
12% more capital invested
Capital invested by funds: $1.64B → $1.83B (+$197M)
4.38% more ownership
Funds ownership: 90.97% → 95.35% (+4.4%)
1% more funds holding
Funds holding: 207 → 210 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$27.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$22.3M |
| 3 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$18.6M |
| 4 |
JP Morgan Chase
New York
|
+$10.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$21.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$18.9M |
| 3 |
Aviva
London,
United Kingdom
|
-$9.85M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$4.75M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$2.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
226
Quantbot Technologies
New York
| – | -$37K | -680 | Closed |
|
|
BL
227
Balentine LLC
Atlanta,
Georgia
| – | -$13K | -240 | Closed |
|
|
PCM
228
Penserra Capital Management
Orinda,
California
| – | -$10K | -172 | Closed |
|
229
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -115 | Closed |
|
|
PMFA
230
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$6K | -115 | Closed |
|
EGP Hedge Fund Activity: Q1 2016 in Review
210 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q1 2016, worth a combined $1.83B — up 12% from $1.64B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EGP positions and 20 closed out — a net gain of 5 holders — while 91 added to existing stakes and 60 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $27.8M. The largest seller was Millennium Management, cutting an estimated $21.7M.
- 210 institutional investors held EastGroup Properties (EGP) as of Q1 2016, up from 207 in Q4 2015.
- Funds reported $1.83B of EastGroup Properties stock for Q1 2016, up 12% quarter-over-quarter.
- 25 funds opened new EastGroup Properties positions in Q1 2016 and 20 closed out, a net change of +5 holders.
- The largest EastGroup Properties buyer in Q1 2016 was Goldman Sachs, an estimated $27.8M added.
- The largest EastGroup Properties seller in Q1 2016 was Millennium Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q1 2016.