EastGroup Properties
425 hedge funds and large institutions have $7.93B invested in EastGroup Properties in 2024 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 161 increasing their positions, 146 reducing their positions, and 38 closing their positions.
1,032% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $162K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 38
10% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 146
1% more funds holding
Funds holding: 422 → 425 (+3)
6% less capital invested
Capital invested by funds: $8.4B → $7.93B (-$472M)
6.76% less ownership
Funds ownership: 98.75% → 91.99% (-6.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$52.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$47.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.9M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$35.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$288M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$56.9M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$40M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$35.1M |
EGP Hedge Fund Activity: Q1 2024 in Review
425 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in EastGroup Properties (EGP) for Q1 2024, worth a combined $7.93B — down 5.6% from $8.4B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new EGP positions and 38 closed out — a net gain of 4 holders — while 161 added to existing stakes and 146 trimmed.
The largest buyer was Heitman Real Estate Securities, opening a new position worth an estimated $52.5M. The largest seller was Morgan Stanley, cutting an estimated $288M.
- 425 institutional investors held EastGroup Properties (EGP) as of Q1 2024, up from 422 in Q4 2023.
- Funds reported $7.93B of EastGroup Properties stock for Q1 2024, down 5.6% quarter-over-quarter.
- 42 funds opened new EastGroup Properties positions in Q1 2024 and 38 closed out, a net change of +4 holders.
- The largest EastGroup Properties buyer in Q1 2024 was Heitman Real Estate Securities, an estimated $52.5M added.
- The largest EastGroup Properties seller in Q1 2024 was Morgan Stanley, an estimated $288M sold.
Based on aggregated 13F filings for Q1 2024.