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EverCommerce

91 hedge funds and large institutions have $1.68B invested in EverCommerce in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 42 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.6% less ownership

Funds ownership: 89.3%88.7% (-0.6%)

4% less funds holding

Funds holding: 9591 (-4)

15% less capital invested

Capital invested by funds: $1.99B → $1.68B (-$308M)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

62% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 42

71% less call options, than puts

Call options by funds: $48K | Put options by funds: $163K

Holders
91
Holders Change
-4
Holders Change %
-4.21%
% of All Funds
1.44%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
7
Increased
16
Reduced
42
Closed
11
Calls
$48K
Puts
$163K
Net Calls
-$115K
Net Calls Change
-$28K
Name Holding Trade Value Shares
Change
Change in
Stake
PE
1
PSG Equity
Massachusetts
$857M
SLG
2
Silver Lake Group
California
$673M
SI
3
Standard Investments
New York
$61.3M
Vanguard Group
4
Vanguard Group
Pennsylvania
$16.3M -$1.32M -123,257 -7%
BlackRock
5
BlackRock
New York
$14.3M -$1.15M -106,598 -7%
Fidelity International
6
Fidelity International
Bermuda
$8.53M
Geode Capital Management
7
Geode Capital Management
Massachusetts
$6.28M -$317K -29,537 -5%
State Street
8
State Street
Massachusetts
$4.73M -$47.2K -4,390 -0.9%
WP
9
Woodline Partners
California
$3.17M -$438K -40,808 -11%
WFO
10
Wealthgate Family Office
Colorado
$2.95M
Skandinaviska Enskilda Banken (SEB)
11
Skandinaviska Enskilda Banken (SEB)
Sweden
$2.2M
Northern Trust
12
Northern Trust
Illinois
$2.08M -$144K -13,445 -6%
Millennium Management
13
Millennium Management
New York
$1.98M +$1.03M +96,176 +95%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$1.86M +$41.2K +3,831 +2%
EIM
15
Essex Investment Management
Massachusetts
$1.86M -$13.8K -1,289 -0.7%
Charles Schwab
16
Charles Schwab
California
$1.76M -$283K -26,366 -13%
AQR Capital Management
17
AQR Capital Management
Connecticut
$1.69M +$351K +32,663 +24%
MFA
18
Mayflower Financial Advisors
Massachusetts
$1.46M
GLA
19
Great Lakes Advisors
Illinois
$1.43M +$904K +84,147 +144%
Citadel Advisors
20
Citadel Advisors
Florida
$1.12M +$1.02M +95,364 +593%
Jacobs Levy Equity Management
21
Jacobs Levy Equity Management
New Jersey
$953K -$126K -11,749 -11%
Morgan Stanley
22
Morgan Stanley
New York
$899K -$101K -9,431 -10%
LCM
23
Legato Capital Management
California
$859K -$23.8K -2,216 -3%
BCM
24
BCK Capital Management
Connecticut
$857K
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$754K +$151K +14,092 +23%

EVCM Hedge Fund Activity: Q3 2023 in Review

91 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in EverCommerce (EVCM) for Q3 2023, worth a combined $1.68B — down 15% from $1.99B a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of EVCM and 7 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 16 added.

The largest buyer was Millennium Management, adding an estimated $1.03M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $1.45M sold.

  • 91 institutional investors held EverCommerce (EVCM) as of Q3 2023, down from 95 in Q2 2023.
  • Funds reported $1.68B of EverCommerce stock for Q3 2023, down 15% quarter-over-quarter.
  • 7 funds opened new EverCommerce positions in Q3 2023 and 11 closed out, a net change of -4 holders.
  • The largest EverCommerce buyer in Q3 2023 was Millennium Management, an estimated $1.03M added.
  • The largest EverCommerce seller in Q3 2023 was Balyasny Asset Management, an estimated $1.45M sold.

Based on aggregated 13F filings for Q3 2023.