Essent Group
ESNT
167 hedge funds and large institutions have $2.16B invested in Essent Group in 2016 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 72 increasing their positions, 40 reducing their positions, and 18 closing their positions.
2,375% more call options, than puts
Call options by funds: $297K | Put options by funds: $12K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
139% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 18
80% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 40
23% more capital invested
Capital invested by funds: $1.76B → $2.16B (+$398M)
17% more funds holding
Funds holding: 143 → 167 (+24)
0.89% more ownership
Funds ownership: 86.7% → 87.58% (+0.89%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$35.3M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$32.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.3M |
| 5 |
BAMCO Inc
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$55.8M |
| 2 |
SFM
Soros Fund Management
New York
|
-$32.3M |
| 3 |
Goldman Sachs
New York
|
-$32M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$20.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
176
A.R.T. Advisors
New York
| – | -$270K | -12,397 | Closed |
|
177
LPL Financial
San Diego,
California
| – | -$309K | -12,179 | Closed |
|
|
CSS
178
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$232K | -10,655 | Closed |
|
|
BCM
179
Bridgeway Capital Management
Houston,
Texas
| – | -$214K | -9,800 | Closed |
|
180
Teacher Retirement System of Texas
Austin,
Texas
| – | -$200K | -9,152 | Closed |
|
|
FQ
181
First Quadrant
Glendale,
California
| – | -$87K | -4,000 | Closed |
|
182
JP Morgan Chase
New York
| – | -$53K | -2,426 | Closed |
|
|
JC
183
JBF Capital
Aspen,
Colorado
| – | -$44K | -2,000 | Closed |
|
184
Walleye Trading
New York
| – | -$24K | -1,100 | Closed |
|
|
MWP
185
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$3K | -135 | Closed |
|
ESNT Hedge Fund Activity: Q3 2016 in Review
167 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q3 2016, worth a combined $2.16B — up 23% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ESNT positions and 18 closed out — a net gain of 25 holders — while 72 added to existing stakes and 40 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $35.3M. The largest seller was Wells Fargo, cutting an estimated $55.8M.
- 167 institutional investors held Essent Group (ESNT) as of Q3 2016, up from 143 in Q2 2016.
- Funds reported $2.16B of Essent Group stock for Q3 2016, up 23% quarter-over-quarter.
- 43 funds opened new Essent Group positions in Q3 2016 and 18 closed out, a net change of +25 holders.
- The largest Essent Group buyer in Q3 2016 was Victory Capital Management, an estimated $35.3M added.
- The largest Essent Group seller in Q3 2016 was Wells Fargo, an estimated $55.8M sold.
Based on aggregated 13F filings for Q3 2016.