EastGroup Properties
369 hedge funds and large institutions have $6.68B invested in EastGroup Properties in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 142 increasing their positions, 113 reducing their positions, and 35 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 113
17% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 35
16% more capital invested
Capital invested by funds: $5.77B → $6.68B (+$905M)
3.44% more ownership
Funds ownership: 89.44% → 92.88% (+3.4%)
1% more funds holding
Funds holding: 367 → 369 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
40% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $1.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$61.9M |
| 2 |
BAMCO Inc
New York
|
+$27.6M |
| 3 |
Millennium Management
New York
|
+$25.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$35.6M |
| 2 |
ZP
Zimmer Partners
New York
|
-$32.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$15.4M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$13M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$11.5M |
EGP Hedge Fund Activity: Q1 2023 in Review
369 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q1 2023, worth a combined $6.68B — up 16% from $5.77B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new EGP positions and 35 closed out — a net gain of 6 holders — while 142 added to existing stakes and 113 trimmed.
The largest buyer was Nuveen, adding an estimated $61.9M. The largest seller was Deutsche Bank, cutting an estimated $35.6M.
- 369 institutional investors held EastGroup Properties (EGP) as of Q1 2023, up from 367 in Q4 2022.
- Funds reported $6.68B of EastGroup Properties stock for Q1 2023, up 16% quarter-over-quarter.
- 41 funds opened new EastGroup Properties positions in Q1 2023 and 35 closed out, a net change of +6 holders.
- The largest EastGroup Properties buyer in Q1 2023 was Nuveen, an estimated $61.9M added.
- The largest EastGroup Properties seller in Q1 2023 was Deutsche Bank, an estimated $35.6M sold.
Based on aggregated 13F filings for Q1 2023.