EastGroup Properties
292 hedge funds and large institutions have $4B invested in EastGroup Properties in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 97 increasing their positions, 89 reducing their positions, and 35 closing their positions.
43% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 35
4% more funds holding
Funds holding: 282 → 292 (+10)
9% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 89
2% more capital invested
Capital invested by funds: $3.92B → $4B (+$79.9M)
2.25% less ownership
Funds ownership: 96.13% → 93.89% (-2.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$104M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$36.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$34.4M |
| 4 |
Millennium Management
New York
|
+$20.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$113M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$95M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$23.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$22.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$16.3M |
EGP Hedge Fund Activity: Q2 2019 in Review
292 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q2 2019, worth a combined $4B — up 2% from $3.92B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new EGP positions and 35 closed out — a net gain of 15 holders — while 97 added to existing stakes and 89 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $104M. The largest seller was BlackRock, cutting an estimated $113M.
- 292 institutional investors held EastGroup Properties (EGP) as of Q2 2019, up from 282 in Q1 2019.
- Funds reported $4B of EastGroup Properties stock for Q2 2019, up 2% quarter-over-quarter.
- 50 funds opened new EastGroup Properties positions in Q2 2019 and 35 closed out, a net change of +15 holders.
- The largest EastGroup Properties buyer in Q2 2019 was Nuveen, an estimated $104M added.
- The largest EastGroup Properties seller in Q2 2019 was BlackRock, an estimated $113M sold.
Based on aggregated 13F filings for Q2 2019.