EverQuote
EVER
121 hedge funds and large institutions have $238M invested in EverQuote in 2021 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 36 reducing their positions, and 20 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 36
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
3% more funds holding
Funds holding: 118 → 121 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.48% less ownership
Funds ownership: 66.21% → 65.73% (-0.48%)
3% less call options, than puts
Call options by funds: $2.6M | Put options by funds: $2.69M
15% less capital invested
Capital invested by funds: $279M → $238M (-$40.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$19.5M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$7.44M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$5.76M |
| 4 |
Morgan Stanley
New York
|
+$4.72M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$12.4M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$11.6M |
| 3 |
Millennium Management
New York
|
-$4.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.98M |
| 5 |
SST
S Squared Technology
New York
|
-$3.58M |
EVER Hedge Fund Activity: Q4 2021 in Review
121 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q4 2021, worth a combined $238M — down 15% from $279M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EVER positions and 20 closed out — a net gain of 3 holders — while 49 added to existing stakes and 36 trimmed.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $19.5M. The largest seller was Bank of New York Mellon, cutting an estimated $12.4M.
- 121 institutional investors held EverQuote (EVER) as of Q4 2021, up from 118 in Q3 2021.
- Funds reported $238M of EverQuote stock for Q4 2021, down 15% quarter-over-quarter.
- 23 funds opened new EverQuote positions in Q4 2021 and 20 closed out, a net change of +3 holders.
- The largest EverQuote buyer in Q4 2021 was Rubric Capital Management (New York), an estimated $19.5M added.
- The largest EverQuote seller in Q4 2021 was Bank of New York Mellon, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2021.