EverQuote
EVER
80 hedge funds and large institutions have $164M invested in EverQuote in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 8 closing their positions.
288% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 8
150% more capital invested
Capital invested by funds: $65.6M → $164M (+$98.5M)
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
38% more funds holding
Funds holding: 58 → 80 (+22)
23.19% more ownership
Funds ownership: 49.4% → 72.59% (+23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.36M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$5.97M |
| 3 |
Renaissance Technologies
New York
|
+$5.74M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$4.67M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$2.6M |
| 2 |
RA
Royce & Associates
New York
|
-$2.53M |
| 3 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$2.43M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.57M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$967K |
EVER Hedge Fund Activity: Q3 2019 in Review
80 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q3 2019, worth a combined $164M — up 150% from $65.6M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new EVER positions and 8 closed out — a net gain of 23 holders — while 25 added to existing stakes and 15 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $6.36M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $2.6M sold.
- 80 institutional investors held EverQuote (EVER) as of Q3 2019, up from 58 in Q2 2019.
- Funds reported $164M of EverQuote stock for Q3 2019, up 150% quarter-over-quarter.
- 31 funds opened new EverQuote positions in Q3 2019 and 8 closed out, a net change of +23 holders.
- The largest EverQuote buyer in Q3 2019 was Driehaus Capital Management, an estimated $6.36M added.
- The largest EverQuote seller in Q3 2019 was ArrowMark Colorado Holdings, an estimated $2.6M sold.
Based on aggregated 13F filings for Q3 2019.