EverCommerce
EVCM
95 hedge funds and large institutions have $1.99B invested in EverCommerce in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more funds holding
Funds holding: 85 → 95 (+10)
11% more capital invested
Capital invested by funds: $1.79B → $1.99B (+$199M)
0.13% more ownership
Funds ownership: 89.16% → 89.3% (+0.13%)
44% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 34
44% less call options, than puts
Call options by funds: $110K | Put options by funds: $197K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
+$4.16M |
| 2 |
Millennium Management
New York
|
+$1.18M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.01M |
| 4 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$999K |
| 5 |
Jane Street
New York
|
+$596K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.2M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$4.67M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.09M |
| 4 |
JP Morgan Chase
New York
|
-$1.72M |
| 5 |
BlackRock
New York
|
-$1.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$91.5K | -8,651 | Closed |
|
102
Lazard Asset Management
New York
| – | -$57K | -5,398 | Closed |
|
|
ACM
103
Aquatic Capital Management
Chicago,
Illinois
| – | -$31K | -2,900 | Closed |
|
|
EI
104
Ellevest Inc
New York
| – | -$2.32K | -219 | Closed |
|
|
C
105
Covestor
London,
United Kingdom
| – | -$58 | -5 | -19% |
|
EVCM Hedge Fund Activity: Q2 2023 in Review
95 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in EverCommerce (EVCM) for Q2 2023, worth a combined $1.99B — up 11% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new EVCM positions and 11 closed out — a net gain of 10 holders — while 19 added to existing stakes and 34 trimmed.
The largest buyer was Woodline Partners, opening a new position worth an estimated $4.16M. The largest seller was Vanguard Group, cutting an estimated $10.2M.
- 95 institutional investors held EverCommerce (EVCM) as of Q2 2023, up from 85 in Q1 2023.
- Funds reported $1.99B of EverCommerce stock for Q2 2023, up 11% quarter-over-quarter.
- 21 funds opened new EverCommerce positions in Q2 2023 and 11 closed out, a net change of +10 holders.
- The largest EverCommerce buyer in Q2 2023 was Woodline Partners, an estimated $4.16M added.
- The largest EverCommerce seller in Q2 2023 was Vanguard Group, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2023.