EastGroup Properties
224 hedge funds and large institutions have $2.34B invested in EastGroup Properties in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 91 increasing their positions, 68 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
34% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 68
8% more capital invested
Capital invested by funds: $2.16B → $2.34B (+$175M)
4% more funds holding
Funds holding: 215 → 224 (+9)
0.07% less ownership
Funds ownership: 96.69% → 96.62% (-0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.79M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$6.73M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$6.2M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$23.1M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$8.95M |
| 3 |
Asset Management One
Tokyo,
Japan
|
-$5.05M |
| 4 |
RBA
Richard Bernstein Advisors
New York
|
-$3.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.48M |
EGP Hedge Fund Activity: Q3 2016 in Review
224 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q3 2016, worth a combined $2.34B — up 8.1% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new EGP positions and 16 closed out — a net gain of 10 holders — while 91 added to existing stakes and 68 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.5M. The largest seller was Perkins Investment Management, cutting an estimated $23.1M.
- 224 institutional investors held EastGroup Properties (EGP) as of Q3 2016, up from 215 in Q2 2016.
- Funds reported $2.34B of EastGroup Properties stock for Q3 2016, up 8.1% quarter-over-quarter.
- 26 funds opened new EastGroup Properties positions in Q3 2016 and 16 closed out, a net change of +10 holders.
- The largest EastGroup Properties buyer in Q3 2016 was Vanguard Group, an estimated $10.5M added.
- The largest EastGroup Properties seller in Q3 2016 was Perkins Investment Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q3 2016.