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Essent Group

84 hedge funds and large institutions have $1.46B invested in Essent Group in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $1.37B → $1.46B (+$93.1M)

0.2% more ownership

Funds ownership: 78.84%79.03% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

7% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 30

6% less funds holding

Funds holding: 8984 (-5)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

91% less call options, than puts

Call options by funds: $11K | Put options by funds: $126K

Holders
84
Holders Change
-5
Holders Change %
-5.62%
% of All Funds
2.44%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
8
Increased
28
Reduced
30
Closed
13
Calls
$11K
Puts
$126K
Net Calls
-$115K
Net Calls Change
+$317K
Name Holding Trade Value Shares
Change
Change in
Stake
PBRA
1
Pine Brook Road Advisors
New York
$334M
SFM
2
Soros Fund Management
New York
$162M
Goldman Sachs
3
Goldman Sachs
New York
$129M
PPF
4
PartnerRe Principal Finance
Connecticut
$108M
JP Morgan Chase
5
JP Morgan Chase
New York
$101M
Lord, Abbett & Co
6
Lord, Abbett & Co
New Jersey
$62.9M -$2.53M -125,309 -4%
RIM
7
RS Investment Management
California
$50.6M +$15.1M +749,190 +46%
BAMCO Inc
8
BAMCO Inc
New York
$50M -$10.3M -511,686 -18%
Wells Fargo
9
Wells Fargo
California
$49.9M -$2.57M -127,314 -5%
Parnassus Investments
10
Parnassus Investments
California
$37.5M +$5.87M +290,982 +20%
AllianceBernstein
11
AllianceBernstein
Tennessee
$31M +$15.7M +780,155 +117%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$25.5M -$30.6M -1,515,600 -56%
Vanguard Group
13
Vanguard Group
Pennsylvania
$24.6M +$17.8M +881,710 +330%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$20.8M -$1.95M -96,600 -9%
BIT
15
BlackRock Institutional Trust
California
$20.2M +$2.31M +114,429 +14%
TA
16
Teachers Advisors
New York
$20M -$7.04M -348,891 -27%
BFA
17
BlackRock Fund Advisors
California
$19.4M -$379K -18,756 -2%
LPU
18
Lansdowne Partners (UK)
United Kingdom
$19.3M
HHC
19
Hutchin Hill Capital
New York
$16.8M +$8.29M +410,815 +110%
Franklin Resources
20
Franklin Resources
California
$15.5M +$8.71M +431,469 +149%
State Street
21
State Street
Massachusetts
$12.5M +$479K +23,743 +4%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$11.2M +$76.7K +3,800 +0.7%
Northern Trust
23
Northern Trust
Illinois
$10.4M +$3.63M +179,972 +59%
Boston Partners
24
Boston Partners
Massachusetts
$9.41M +$8.87M +439,552 New
TCIM
25
TIAA CREF Investment Management
New York
$8.72M -$9.03M -447,543 -52%

ESNT Hedge Fund Activity: Q3 2014 in Review

84 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q3 2014, worth a combined $1.46B — up 6.8% from $1.37B a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of ESNT and 8 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 28 added.

The largest buyer was Vanguard Group, adding an estimated $17.8M. The largest seller was Wellington Management Group, cutting an estimated $30.6M.

  • 84 institutional investors held Essent Group (ESNT) as of Q3 2014, down from 89 in Q2 2014.
  • Funds reported $1.46B of Essent Group stock for Q3 2014, up 6.8% quarter-over-quarter.
  • 8 funds opened new Essent Group positions in Q3 2014 and 13 closed out, a net change of -5 holders.
  • The largest Essent Group buyer in Q3 2014 was Vanguard Group, an estimated $17.8M added.
  • The largest Essent Group seller in Q3 2014 was Wellington Management Group, an estimated $30.6M sold.

Based on aggregated 13F filings for Q3 2014.