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Essent Group

245 hedge funds and large institutions have $4.11B invested in Essent Group in 2020 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 82 increasing their positions, 100 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more call options, than puts

Call options by funds: $4.14M | Put options by funds: $2.82M

1.89% more ownership

Funds ownership: 96.98%98.87% (+1.9%)

4% more capital invested

Capital invested by funds: $3.95B → $4.11B (+$158M)

8% less funds holding

Funds holding: 265245 (-20)

18% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 100

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

35% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 51

Holders
245
Holders Change
-20
Holders Change %
-7.55%
% of All Funds
4.94%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.14%
New
33
Increased
82
Reduced
100
Closed
51
Calls
$4.14M
Puts
$2.82M
Net Calls
+$1.32M
Net Calls Change
+$3.34M
Name Holding Trade Value Shares
Change
Change in
Stake
VNIM
76
Vaughan Nelson Investment Management
Texas
$6.99M -$367K -10,255 -5%
PFMOSF
77
Philadelphia Financial Management of San Francisco
California
$6.96M +$6.72M +187,918 New
MCM
78
MKP Capital Management
New York
$6.87M +$1.9M +53,163 +40%
TRCT
79
Tower Research Capital (TRC)
New York
$6.55M +$2.67M +74,646 +73%
NI
80
NFC Investments
Tennessee
$6.48M +$14.3K +400 +0.2%
BPCM
81
Beach Point Capital Management
California
$6.46M
CCM
82
Channing Capital Management
Illinois
$6.45M -$969K -27,111 -13%
SI
83
Sapience Investments
California
$6.2M +$37.5K +1,050 +0.6%
California State Teachers Retirement System (CalSTRS)
84
California State Teachers Retirement System (CalSTRS)
California
$6.18M +$117K +3,285 +2%
IP
85
Interval Partners
New York
$5.63M +$2.23M +62,465 +70%
Retirement Systems of Alabama
86
Retirement Systems of Alabama
Alabama
$5.43M +$86.6K +2,424 +2%
CS
87
Credit Suisse
Switzerland
$4.33M -$342K -9,576 -8%
Nordea Investment Management
88
Nordea Investment Management
Sweden
$4.28M -$4.02M -112,357 -49%
WC
89
Winmill & Co
New York
$4.28M
Morgan Stanley
90
Morgan Stanley
New York
$4.21M -$12.1M -338,435 -75%
MIM
91
MetLife Investment Management
New Jersey
$4.1M -$133K -3,712 -3%
APG Asset Management
92
APG Asset Management
Netherlands
$4.08M -$9.31M -260,350 -67%
Baird Financial Group
93
Baird Financial Group
Wisconsin
$4.03M -$21.3K -597 -0.5%
Prudential Financial
94
Prudential Financial
New Jersey
$3.96M -$2.94M -82,374 -43%
Renaissance Technologies
95
Renaissance Technologies
New York
$3.89M -$10.3M -286,900 -73%
TPSF
96
Texas Permanent School Fund
Texas
$3.89M +$648K +18,122 +21%
Hotchkis & Wiley Capital Management
97
Hotchkis & Wiley Capital Management
California
$3.88M +$3.74M +104,730 New
EVM
98
Eaton Vance Management
Massachusetts
$3.7M
KOCAA
99
Knights of Columbus Asset Advisors
Connecticut
$3.46M +$290K +8,119 +10%
State of Tennessee, Department of Treasury
100
State of Tennessee, Department of Treasury
Tennessee
$3.33M -$296K -8,270 -8%

ESNT Hedge Fund Activity: Q3 2020 in Review

245 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q3 2020, worth a combined $4.11B — up 4% from $3.95B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of ESNT and 33 opened new positions — a net loss of 18 holders — while 100 trimmed existing stakes and 82 added.

The largest buyer was Capital World Investors, opening a new position worth an estimated $67.8M. The largest seller was AllianceBernstein, cutting an estimated $31.7M.

  • 245 institutional investors held Essent Group (ESNT) as of Q3 2020, down from 265 in Q2 2020.
  • Funds reported $4.11B of Essent Group stock for Q3 2020, up 4% quarter-over-quarter.
  • 33 funds opened new Essent Group positions in Q3 2020 and 51 closed out, a net change of -18 holders.
  • The largest Essent Group buyer in Q3 2020 was Capital World Investors, an estimated $67.8M added.
  • The largest Essent Group seller in Q3 2020 was AllianceBernstein, an estimated $31.7M sold.

Based on aggregated 13F filings for Q3 2020.