Essent Group
ESNT
131 hedge funds and large institutions have $2.15B invested in Essent Group in 2015 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 71 increasing their positions, 30 reducing their positions, and 14 closing their positions.
137% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 30
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
22% more call options, than puts
Call options by funds: $120K | Put options by funds: $98K
19% more capital invested
Capital invested by funds: $1.81B → $2.15B (+$347M)
7% more funds holding
Funds holding: 122 → 131 (+9)
3.42% more ownership
Funds ownership: 81.57% → 84.99% (+3.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$72.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$37.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$22.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$21.4M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$80.6M |
| 2 |
SFM
Soros Fund Management
New York
|
-$38.6M |
| 3 |
LCS
Levin Capital Strategies
New York
|
-$27.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$19.7M |
| 5 |
PPF
PartnerRe Principal Finance
Greenwich,
Connecticut
|
-$13.8M |
ESNT Hedge Fund Activity: Q2 2015 in Review
131 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q2 2015, worth a combined $2.15B — up 19% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ESNT positions and 14 closed out — a net gain of 9 holders — while 71 added to existing stakes and 30 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $72.1M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $80.6M sold.
- 131 institutional investors held Essent Group (ESNT) as of Q2 2015, up from 122 in Q1 2015.
- Funds reported $2.15B of Essent Group stock for Q2 2015, up 19% quarter-over-quarter.
- 23 funds opened new Essent Group positions in Q2 2015 and 14 closed out, a net change of +9 holders.
- The largest Essent Group buyer in Q2 2015 was Fidelity Investments, an estimated $72.1M added.
- The largest Essent Group seller in Q2 2015 was JP Morgan Chase, an estimated $80.6M sold.
Based on aggregated 13F filings for Q2 2015.