EastGroup Properties
386 hedge funds and large institutions have $7.16B invested in EastGroup Properties in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 143 increasing their positions, 128 reducing their positions, and 32 closing their positions.
22% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 32
12% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 128
1% more funds holding
Funds holding: 381 → 386 (+5)
0.8% more ownership
Funds ownership: 93.86% → 94.66% (+0.8%)
1% less capital invested
Capital invested by funds: $7.24B → $7.16B (-$80.6M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$65.4M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$62.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$53.9M |
| 4 |
Cohen & Steers
New York
|
+$42.1M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$43.2M |
| 2 |
ZP
Zimmer Partners
New York
|
-$41M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$27M |
| 4 |
JP Morgan Chase
New York
|
-$23.7M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$22.4M |
EGP Hedge Fund Activity: Q3 2023 in Review
386 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q3 2023, worth a combined $7.16B — down 1.1% from $7.24B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new EGP positions and 32 closed out — a net gain of 7 holders — while 143 added to existing stakes and 128 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $65.4M. The largest seller was Morgan Stanley, cutting an estimated $43.2M.
- 386 institutional investors held EastGroup Properties (EGP) as of Q3 2023, up from 381 in Q2 2023.
- Funds reported $7.16B of EastGroup Properties stock for Q3 2023, down 1.1% quarter-over-quarter.
- 39 funds opened new EastGroup Properties positions in Q3 2023 and 32 closed out, a net change of +7 holders.
- The largest EastGroup Properties buyer in Q3 2023 was Wellington Management Group, an estimated $65.4M added.
- The largest EastGroup Properties seller in Q3 2023 was Morgan Stanley, an estimated $43.2M sold.
Based on aggregated 13F filings for Q3 2023.