EastGroup Properties
214 hedge funds and large institutions have $2.18B invested in EastGroup Properties in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 90 increasing their positions, 63 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
43% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 63
19% more capital invested
Capital invested by funds: $1.83B → $2.18B (+$349M)
2.28% more ownership
Funds ownership: 95.35% → 97.62% (+2.3%)
2% more funds holding
Funds holding: 210 → 214 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$23.5M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$19.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$17M |
| 4 |
Goldman Sachs
New York
|
+$15.7M |
| 5 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$31.6M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$13.8M |
| 3 |
TA
Teachers Advisors
New York
|
-$9.53M |
| 4 |
JP Morgan Chase
New York
|
-$8.42M |
| 5 |
Aviva
London,
United Kingdom
|
-$6.52M |
EGP Hedge Fund Activity: Q2 2016 in Review
214 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q2 2016, worth a combined $2.18B — up 19% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EGP positions and 16 closed out — a net gain of 7 holders — while 90 added to existing stakes and 63 trimmed.
The largest buyer was Macquarie Group, adding an estimated $23.5M. The largest seller was Security Capital Research & Management, exiting entirely with an estimated $31.6M sold.
- 214 institutional investors held EastGroup Properties (EGP) as of Q2 2016, up from 210 in Q1 2016.
- Funds reported $2.18B of EastGroup Properties stock for Q2 2016, up 19% quarter-over-quarter.
- 23 funds opened new EastGroup Properties positions in Q2 2016 and 16 closed out, a net change of +7 holders.
- The largest EastGroup Properties buyer in Q2 2016 was Macquarie Group, an estimated $23.5M added.
- The largest EastGroup Properties seller in Q2 2016 was Security Capital Research & Management, an estimated $31.6M sold.
Based on aggregated 13F filings for Q2 2016.