EastGroup Properties
192 hedge funds and large institutions have $1.82B invested in EastGroup Properties in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
11% more capital invested
Capital invested by funds: $1.63B → $1.82B (+$187M)
1.62% more ownership
Funds ownership: 91.96% → 93.58% (+1.6%)
1% more funds holding
Funds holding: 190 → 192 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$17.3M |
| 2 |
Aviva
London,
United Kingdom
|
+$11.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.47M |
| 5 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$6.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$11.7M |
| 2 |
Goldman Sachs
New York
|
-$5.7M |
| 3 |
Millennium Management
New York
|
-$4.15M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$3.03M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.91M |
EGP Hedge Fund Activity: Q1 2014 in Review
192 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q1 2014, worth a combined $1.82B — up 11% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EGP positions and 10 closed out — a net gain of 6 holders — while 79 added to existing stakes and 64 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $17.3M. The largest seller was Bank of New York Mellon, cutting an estimated $11.7M.
- 192 institutional investors held EastGroup Properties (EGP) as of Q1 2014, up from 190 in Q4 2013.
- Funds reported $1.82B of EastGroup Properties stock for Q1 2014, up 11% quarter-over-quarter.
- 16 funds opened new EastGroup Properties positions in Q1 2014 and 10 closed out, a net change of +6 holders.
- The largest EastGroup Properties buyer in Q1 2014 was JP Morgan Chase, an estimated $17.3M added.
- The largest EastGroup Properties seller in Q1 2014 was Bank of New York Mellon, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2014.