Essent Group
ESNT
205 hedge funds and large institutions have $2.57B invested in Essent Group in 2016 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 13 closing their positions.
1,045% more call options, than puts
Call options by funds: $870K | Put options by funds: $76K
315% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 13
23% more funds holding
Funds holding: 167 → 205 (+38)
19% more capital invested
Capital invested by funds: $2.16B → $2.57B (+$413M)
3% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 68
2.28% less ownership
Funds ownership: 87.58% → 85.3% (-2.3%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$28.5M |
| 2 |
Millennium Management
New York
|
+$26.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$22.9M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PBRA
Pine Brook Road Advisors
Bedford,
New York
|
-$70.7M |
| 2 |
Goldman Sachs
New York
|
-$64.8M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$33.6M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$25.9M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$13.3M |
ESNT Hedge Fund Activity: Q4 2016 in Review
205 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q4 2016, worth a combined $2.57B — up 19% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new ESNT positions and 13 closed out — a net gain of 41 holders — while 70 added to existing stakes and 68 trimmed.
The largest buyer was Robeco Institutional Asset Management, opening a new position worth an estimated $28.5M. The largest seller was Pine Brook Road Advisors, cutting an estimated $70.7M.
- 205 institutional investors held Essent Group (ESNT) as of Q4 2016, up from 167 in Q3 2016.
- Funds reported $2.57B of Essent Group stock for Q4 2016, up 19% quarter-over-quarter.
- 54 funds opened new Essent Group positions in Q4 2016 and 13 closed out, a net change of +41 holders.
- The largest Essent Group buyer in Q4 2016 was Robeco Institutional Asset Management, an estimated $28.5M added.
- The largest Essent Group seller in Q4 2016 was Pine Brook Road Advisors, an estimated $70.7M sold.
Based on aggregated 13F filings for Q4 2016.