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EverCommerce

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, 24 increasing their positions, 29 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 45 (+1)

1.79% more ownership

Funds ownership: 88.48%90.27% (+1.8%)

1% more funds holding

Funds holding: 8485 (+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 (-$255M)

17% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 29

Holders
85
Holders Change
+1
Holders Change %
+1.19%
% of All Funds
1.22%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
14
Increased
24
Reduced
29
Closed
13
Calls
$18K
Puts
$2K
Net Calls
+$16K
Net Calls Change
+$15K

EVCM Hedge Fund Activity: Q1 2024 in Review

85 of the 6,958 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 24 added to existing stakes and 29 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.