EastGroup Properties
208 hedge funds and large institutions have $2.8B invested in EastGroup Properties in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
16% more capital invested
Capital invested by funds: $2.41B → $2.8B (+$388M)
2% more funds holding
Funds holding: 204 → 208 (+4)
0.04% more ownership
Funds ownership: 98.59% → 98.64% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$56.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$16.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10M |
| 5 |
BlackRock
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.05M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$7.06M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$5.75M |
| 5 |
CCM
Chilton Capital Management
Houston,
Texas
|
-$3.01M |
EGP Hedge Fund Activity: Q2 2017 in Review
208 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q2 2017, worth a combined $2.8B — up 16% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EGP positions and 11 closed out — a net gain of 7 holders — while 79 added to existing stakes and 64 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $56.1M. The largest seller was VOYA Investment Management, cutting an estimated $17M.
- 208 institutional investors held EastGroup Properties (EGP) as of Q2 2017, up from 204 in Q1 2017.
- Funds reported $2.8B of EastGroup Properties stock for Q2 2017, up 16% quarter-over-quarter.
- 18 funds opened new EastGroup Properties positions in Q2 2017 and 11 closed out, a net change of +7 holders.
- The largest EastGroup Properties buyer in Q2 2017 was Deutsche Bank, an estimated $56.1M added.
- The largest EastGroup Properties seller in Q2 2017 was VOYA Investment Management, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2017.