EverCommerce
EVCM
85 hedge funds and large institutions have $1.59B invested in EverCommerce in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 13 closing their positions.
800% more call options, than puts
Call options by funds: $18K | Put options by funds: $2K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1.73% more ownership
Funds ownership: 88.54% → 90.27% (+1.7%)
1% more funds holding
Funds holding: 84 → 85 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
14% less capital invested
Capital invested by funds: $1.84B → $1.59B (-$256M)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOCH
Blue Owl Capital Holdings
New York
|
+$16M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$926K |
| 3 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$883K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$523K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$1.6M |
| 2 |
Morgan Stanley
New York
|
-$1.05M |
| 3 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
-$943K |
| 4 |
BlackRock
New York
|
-$709K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$587K |
EVCM Hedge Fund Activity: Q1 2024 in Review
85 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in EverCommerce (EVCM) for Q1 2024, worth a combined $1.59B — down 14% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EVCM positions and 13 closed out — a net gain of 1 holder — while 23 added to existing stakes and 30 trimmed.
The largest buyer was Blue Owl Capital Holdings, opening a new position worth an estimated $16M. The largest seller was Fidelity International, cutting an estimated $1.6M.
- 85 institutional investors held EverCommerce (EVCM) as of Q1 2024, up from 84 in Q4 2023.
- Funds reported $1.59B of EverCommerce stock for Q1 2024, down 14% quarter-over-quarter.
- 14 funds opened new EverCommerce positions in Q1 2024 and 13 closed out, a net change of +1 holder.
- The largest EverCommerce buyer in Q1 2024 was Blue Owl Capital Holdings, an estimated $16M added.
- The largest EverCommerce seller in Q1 2024 was Fidelity International, an estimated $1.6M sold.
Based on aggregated 13F filings for Q1 2024.