EastGroup Properties
228 hedge funds and large institutions have $2.24B invested in EastGroup Properties in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 81 increasing their positions, 74 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
3% more funds holding
Funds holding: 222 → 228 (+6)
9% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 74
2% less capital invested
Capital invested by funds: $2.3B → $2.24B (-$56.2M)
4.38% less ownership
Funds ownership: 96.62% → 92.24% (-4.4%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $620K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$30.6M |
| 2 |
Morgan Stanley
New York
|
+$8.18M |
| 3 |
JP Morgan Chase
New York
|
+$8.16M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.28M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$60.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12M |
| 3 |
Asset Management One
Tokyo,
Japan
|
-$7.02M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$6.26M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.61M |
EGP Hedge Fund Activity: Q4 2016 in Review
228 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q4 2016, worth a combined $2.24B — down 2.4% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new EGP positions and 23 closed out — a net gain of 10 holders — while 81 added to existing stakes and 74 trimmed.
The largest buyer was Invesco, adding an estimated $30.6M. The largest seller was Lasalle Investment Management Securities, exiting entirely with an estimated $60.1M sold.
- 228 institutional investors held EastGroup Properties (EGP) as of Q4 2016, up from 222 in Q3 2016.
- Funds reported $2.24B of EastGroup Properties stock for Q4 2016, down 2.4% quarter-over-quarter.
- 33 funds opened new EastGroup Properties positions in Q4 2016 and 23 closed out, a net change of +10 holders.
- The largest EastGroup Properties buyer in Q4 2016 was Invesco, an estimated $30.6M added.
- The largest EastGroup Properties seller in Q4 2016 was Lasalle Investment Management Securities, an estimated $60.1M sold.
Based on aggregated 13F filings for Q4 2016.