EastGroup Properties
204 hedge funds and large institutions have $2.41B invested in EastGroup Properties in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 82 increasing their positions, 67 reducing their positions, and 31 closing their positions.
571% more capital inflows, than outflows
Capital inflows: $547M | Capital outflows: $81.5M
22% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 67
6.36% more ownership
Funds ownership: 92.24% → 98.59% (+6.4%)
11% less funds holding
Funds holding: 229 → 204 (-25)
58% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$345M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$75.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$37M |
| 4 |
Panagora Asset Management
Boston,
Massachusetts
|
+$18.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$9.8M |
| 2 |
Morgan Stanley
New York
|
-$7.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.7M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$6.39M |
| 5 |
Neuberger Berman Group
New York
|
-$5.02M |
EGP Hedge Fund Activity: Q1 2017 in Review
204 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q1 2017, worth a combined $2.41B — up 7.8% from $2.24B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of EGP and 13 opened new positions — a net loss of 18 holders — while 67 trimmed existing stakes and 82 added.
The largest buyer was BlackRock, adding an estimated $345M. The largest seller was IronBridge Capital Management, cutting an estimated $9.8M.
- 204 institutional investors held EastGroup Properties (EGP) as of Q1 2017, down from 229 in Q4 2016.
- Funds reported $2.41B of EastGroup Properties stock for Q1 2017, up 7.8% quarter-over-quarter.
- 13 funds opened new EastGroup Properties positions in Q1 2017 and 31 closed out, a net change of -18 holders.
- The largest EastGroup Properties buyer in Q1 2017 was BlackRock, an estimated $345M added.
- The largest EastGroup Properties seller in Q1 2017 was IronBridge Capital Management, an estimated $9.8M sold.
Based on aggregated 13F filings for Q1 2017.