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Essent Group

255 hedge funds and large institutions have $3.11B invested in Essent Group in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 97 increasing their positions, 96 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

502% more call options, than puts

Call options by funds: $8.21M | Put options by funds: $1.36M

1% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 96

0.46% less ownership

Funds ownership: 93.07%92.61% (-0.46%)

3% less funds holding

Funds holding: 262255 (-7)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

14% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 36

23% less capital invested

Capital invested by funds: $4.05B → $3.11B (-$947M)

Holders
255
Holders Change
-7
Holders Change %
-2.67%
% of All Funds
5.68%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.16%
New
31
Increased
97
Reduced
96
Closed
36
Calls
$8.21M
Puts
$1.36M
Net Calls
+$6.85M
Net Calls Change
-$3.78M
Name Holding Trade Value Shares
Change
Change in
Stake
TA
26
Teachers Advisors
New York
$28.3M +$861K +22,525 +3%
Deutsche Bank
27
Deutsche Bank
Germany
$28.1M -$11.4M -298,603 -27%
BAMCO Inc
28
BAMCO Inc
New York
$26.8M -$3.86K -101 -0%
PCM
29
Peregrine Capital Management
Minnesota
$26.1M -$178K -4,662 -0.6%
TCIM
30
TIAA CREF Investment Management
New York
$25.2M -$1.12M -29,190 -4%
Point72 Asset Management
31
Point72 Asset Management
Connecticut
$22.8M +$18.6M +486,641 +269%
Charles Schwab
32
Charles Schwab
California
$22.7M +$319K +8,341 +1%
Wellington Management Group
33
Wellington Management Group
Massachusetts
$21.7M +$3.45M +90,143 +17%
SCM
34
Shoals Capital Management
Virginia
$20.9M +$23.4M +612,500 New
Ninety One (UK)
35
Ninety One (UK)
United Kingdom
$19.6M -$8.15M -212,986 -27%
SAM
36
Skyline Asset Management
Illinois
$18M -$3.8M -99,400 -16%
Bank of America
37
Bank of America
North Carolina
$16.7M -$8.24M -215,575 -31%
Two Sigma Advisers
38
Two Sigma Advisers
New York
$15.8M -$1.12M -29,300 -6%
D.E. Shaw & Co
39
D.E. Shaw & Co
New York
$15.7M -$2.18M -56,940 -11%
Millennium Management
40
Millennium Management
New York
$15M +$2.83M +73,915 +20%
Morgan Stanley
41
Morgan Stanley
New York
$13.6M +$2.27M +59,315 +17%
Manulife (Manufacturers Life Insurance)
42
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.5M +$366K +9,559 +2%
Goldman Sachs
43
Goldman Sachs
New York
$13.4M +$7.99M +208,851 +114%
Victory Capital Management
44
Victory Capital Management
Texas
$12.9M -$20.5M -537,257 -59%
Two Sigma Investments
45
Two Sigma Investments
New York
$12.8M -$9.04M -236,384 -39%
ClearBridge Investments
46
ClearBridge Investments
New York
$12.7M +$2.15M +56,345 +18%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$12.4M -$6.03M -157,750 -30%
Loomis, Sayles & Company
48
Loomis, Sayles & Company
Massachusetts
$12M +$240K +6,284 +2%
ECP
49
Elk Creek Partners
Colorado
$11.6M -$1.52M -39,865 -11%
Alyeska Investment Group
50
Alyeska Investment Group
Illinois
$11.4M +$2.2M +57,530 +21%

ESNT Hedge Fund Activity: Q4 2018 in Review

255 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q4 2018, worth a combined $3.11B — down 23% from $4.05B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of ESNT and 31 opened new positions — a net loss of 5 holders — while 96 trimmed existing stakes and 97 added.

The largest buyer was Renaissance Technologies, adding an estimated $19.9M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $56M sold.

  • 255 institutional investors held Essent Group (ESNT) as of Q4 2018, down from 262 in Q3 2018.
  • Funds reported $3.11B of Essent Group stock for Q4 2018, down 23% quarter-over-quarter.
  • 31 funds opened new Essent Group positions in Q4 2018 and 36 closed out, a net change of -5 holders.
  • The largest Essent Group buyer in Q4 2018 was Renaissance Technologies, an estimated $19.9M added.
  • The largest Essent Group seller in Q4 2018 was Janus Henderson Group, an estimated $56M sold.

Based on aggregated 13F filings for Q4 2018.