Essent Group
ESNT
275 hedge funds and large institutions have $4.35B invested in Essent Group in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 98 increasing their positions, 106 reducing their positions, and 34 closing their positions.
9% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 34
2% more capital invested
Capital invested by funds: $4.29B → $4.35B (+$66.9M)
1% more funds holding
Funds holding: 273 → 275 (+2)
0.84% less ownership
Funds ownership: 93.05% → 92.2% (-0.84%)
8% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 106
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
39% less call options, than puts
Call options by funds: $3.07M | Put options by funds: $5.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$25.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$23.8M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$23.2M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$18.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$38.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.3M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$23M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.3M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$16.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
301
Prelude Capital Management
New York
| – | -$129K | -2,737 | Closed |
|
|
NICM
302
Neo Ivy Capital Management
New York
| – | -$87K | -1,844 | Closed |
|
303
Group One Trading
Chicago,
Illinois
| – | -$84.6K | -1,769 | Closed |
|
|
NFG
304
Next Financial Group
Houston,
Texas
| – | -$69K | -1,470 | Closed |
|
|
SIM
305
Sonora Investment Management
Tucson,
Arizona
| – | -$4K | -90 | Closed |
|
|
HNB
306
Huntington National Bank
Columbus,
Ohio
| – | -$1K | -22 | Closed |
|
|
FHA
307
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -12 | Closed |
|
|
BC
308
Barnett & Company
Chattanooga,
Tennessee
| – | +$239 | +5 | New |
|
ESNT Hedge Fund Activity: Q3 2019 in Review
275 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q3 2019, worth a combined $4.35B — up 1.6% from $4.29B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ESNT positions and 34 closed out — a net gain of 3 holders — while 98 added to existing stakes and 106 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $25.3M. The largest seller was Rothschild & Co Asset Management US, exiting entirely with an estimated $38.1M sold.
- 275 institutional investors held Essent Group (ESNT) as of Q3 2019, up from 273 in Q2 2019.
- Funds reported $4.35B of Essent Group stock for Q3 2019, up 1.6% quarter-over-quarter.
- 37 funds opened new Essent Group positions in Q3 2019 and 34 closed out, a net change of +3 holders.
- The largest Essent Group buyer in Q3 2019 was Allianz Asset Management, an estimated $25.3M added.
- The largest Essent Group seller in Q3 2019 was Rothschild & Co Asset Management US, an estimated $38.1M sold.
Based on aggregated 13F filings for Q3 2019.