EverCommerce
EVCM
85 hedge funds and large institutions have $1.79B invested in EverCommerce in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 11 closing their positions.
1,750% more call options, than puts
Call options by funds: $37K | Put options by funds: $2K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
41% more capital invested
Capital invested by funds: $1.27B → $1.79B (+$517M)
5% more funds holding
Funds holding: 81 → 85 (+4)
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
0.75% more ownership
Funds ownership: 88.41% → 89.16% (+0.75%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFO
Wealthgate Family Office
Boulder,
Colorado
|
+$2.84M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$876K |
| 3 |
Morgan Stanley
New York
|
+$371K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$346K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.75M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$6.28M |
| 3 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$3.06M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.28M |
| 5 |
ECM
Element Capital Management
New York
|
-$1.28M |
EVCM Hedge Fund Activity: Q1 2023 in Review
85 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in EverCommerce (EVCM) for Q1 2023, worth a combined $1.79B — up 41% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EVCM positions and 11 closed out — a net gain of 5 holders — while 25 added to existing stakes and 24 trimmed.
The largest buyer was Wealthgate Family Office, opening a new position worth an estimated $2.84M. The largest seller was Goldman Sachs, cutting an estimated $6.75M.
- 85 institutional investors held EverCommerce (EVCM) as of Q1 2023, up from 81 in Q4 2022.
- Funds reported $1.79B of EverCommerce stock for Q1 2023, up 41% quarter-over-quarter.
- 16 funds opened new EverCommerce positions in Q1 2023 and 11 closed out, a net change of +5 holders.
- The largest EverCommerce buyer in Q1 2023 was Wealthgate Family Office, an estimated $2.84M added.
- The largest EverCommerce seller in Q1 2023 was Goldman Sachs, an estimated $6.75M sold.
Based on aggregated 13F filings for Q1 2023.