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Essent Group

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.

New
Increased
Maintained
Reduced
Closed

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: 13 (+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: 143167 (+24)

0.89% more ownership

Funds ownership: 86.7%87.58% (+0.89%)

Holders
167
Holders Change
+24
Holders Change %
+16.78%
% of All Funds
4.46%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
43
Increased
72
Reduced
40
Closed
18
Calls
$297K
Puts
$12K
Net Calls
+$285K
Net Calls Change
+$573K
Name Holding Trade Value Shares
Change
Change in
Stake
PBRA
1
Pine Brook Road Advisors
New York
$285M
Capital Research Global Investors
2
Capital Research Global Investors
California
$241M
Fidelity Investments
3
Fidelity Investments
Massachusetts
$223M +$22.8M +899,173 +12%
Vanguard Group
4
Vanguard Group
Pennsylvania
$155M +$16.3M +644,905 +12%
AllianceBernstein
5
AllianceBernstein
Tennessee
$83.5M -$20.8M -820,579 -21%
Goldman Sachs
6
Goldman Sachs
New York
$74.5M -$32M -1,264,265 -31%
American Century Companies
7
American Century Companies
Missouri
$61.2M -$7.48M -294,977 -11%
BIT
8
BlackRock Institutional Trust
California
$54M +$5.68M +224,042 +12%
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$53.2M -$17.4M -685,986 -26%
BFA
10
BlackRock Fund Advisors
California
$50.6M +$3.03M +119,499 +7%
Boston Partners
11
Boston Partners
Massachusetts
$45.8M +$2.55M +100,770 +6%
Victory Capital Management
12
Victory Capital Management
Texas
$44.8M +$35.3M +1,392,146 +480%
State Street
13
State Street
Massachusetts
$36.2M +$2.35M +92,899 +7%
PCM
14
Peregrine Capital Management
Minnesota
$34M +$32.4M +1,278,342 New
CRCP
15
Copper Rock Capital Partners
Massachusetts
$33.6M +$32.2M +1,269,261 New
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$32.6M -$7.23M -285,132 -19%
Wells Fargo
17
Wells Fargo
California
$26.8M -$55.8M -2,203,157 -69%
Westfield Capital Management
18
Westfield Capital Management
Massachusetts
$25.9M +$5.4M +213,150 +28%
Northern Trust
19
Northern Trust
Illinois
$23.4M +$630K +24,860 +3%
SAM
20
Skyline Asset Management
Illinois
$22.8M +$15.2K +600 +0.1%
Renaissance Technologies
21
Renaissance Technologies
New York
$22.4M +$4.42M +174,400 +26%
PC
22
Polar Capital
United Kingdom
$22M +$1.9M +75,000 +10%
Loomis, Sayles & Company
23
Loomis, Sayles & Company
Massachusetts
$20.7M -$893K -35,232 -4%
TA
24
Teachers Advisors
New York
$19.5M +$165K +6,499 +0.9%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$18.8M +$1.15M +45,571 +7%

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.