EastGroup Properties
190 hedge funds and large institutions have $1.75B invested in EastGroup Properties in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 84 increasing their positions, 63 reducing their positions, and 16 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 63
1.17% less ownership
Funds ownership: 92.62% → 91.45% (-1.2%)
2% less funds holding
Funds holding: 193 → 190 (-3)
6% less capital invested
Capital invested by funds: $1.86B → $1.75B (-$110M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$12.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.38M |
| 5 |
Aviva
London,
United Kingdom
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$20.5M |
| 2 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$19.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$8.02M |
| 4 |
Barclays
London,
United Kingdom
|
-$4.4M |
| 5 |
ECM
EII Capital Management
New York
|
-$3.1M |
EGP Hedge Fund Activity: Q3 2014 in Review
190 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q3 2014, worth a combined $1.75B — down 5.9% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of EGP and 13 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 84 added.
The largest buyer was Ameriprise, adding an estimated $12.7M. The largest seller was Norges Bank, cutting an estimated $20.5M.
- 190 institutional investors held EastGroup Properties (EGP) as of Q3 2014, down from 193 in Q2 2014.
- Funds reported $1.75B of EastGroup Properties stock for Q3 2014, down 5.9% quarter-over-quarter.
- 13 funds opened new EastGroup Properties positions in Q3 2014 and 16 closed out, a net change of -3 holders.
- The largest EastGroup Properties buyer in Q3 2014 was Ameriprise, an estimated $12.7M added.
- The largest EastGroup Properties seller in Q3 2014 was Norges Bank, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2014.