EngageSmart, Inc.
ESMT
ESMT was delisted on the 25th of January, 2024.
104 hedge funds and large institutions have $3.1B invested in EngageSmart, Inc. in 2022 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
31% more capital invested
Capital invested by funds: $2.36B → $3.1B (+$735M)
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
11% more funds holding
Funds holding: 94 → 104 (+10)
1.02% more ownership
Funds ownership: 90.4% → 91.42% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.5M |
| 2 |
BlackRock
New York
|
+$11.5M |
| 3 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
+$10.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 5 |
Millennium Management
New York
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21.8M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$3.55M |
| 4 |
Renaissance Technologies
New York
|
-$2.09M |
| 5 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
-$1.91M |
ESMT Hedge Fund Activity: Q3 2022 in Review
104 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in EngageSmart, Inc. (ESMT) for Q3 2022, worth a combined $3.1B — up 31% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ESMT positions and 13 closed out — a net gain of 11 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $24.5M. The largest seller was Fidelity Investments, cutting an estimated $23.1M.
- 104 institutional investors held EngageSmart, Inc. (ESMT) as of Q3 2022, up from 94 in Q2 2022.
- Funds reported $3.1B of EngageSmart, Inc. stock for Q3 2022, up 31% quarter-over-quarter.
- 24 funds opened new EngageSmart, Inc. positions in Q3 2022 and 13 closed out, a net change of +11 holders.
- The largest EngageSmart, Inc. buyer in Q3 2022 was Macquarie Group, an estimated $24.5M added.
- The largest EngageSmart, Inc. seller in Q3 2022 was Fidelity Investments, an estimated $23.1M sold.
Based on aggregated 13F filings for Q3 2022.