EverQuote
EVER
58 hedge funds and large institutions have $65.6M invested in EverQuote in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 6 closing their positions.
383% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 6
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
150% more capital invested
Capital invested by funds: $26.2M → $65.6M (+$39.3M)
66% more funds holding
Funds holding: 35 → 58 (+23)
21.68% less ownership
Funds ownership: 71.08% → 49.4% (-22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.38M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.61M |
| 3 |
GIPM
G2 Investment Partners Management
New York
|
+$2.41M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.52M |
| 5 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$1.91M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$1.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$428K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$235K |
| 5 |
RA
Royce & Associates
New York
|
-$192K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
51
STRS Ohio
Columbus,
Ohio
| $29K | +$23.9K | +2,300 | New |
|
|
VCM
52
Vigilant Capital Management
Portland,
Maine
| $26K | +$10.4K | +1,000 | +100% |
|
53
Legal & General Group
London,
United Kingdom
| $18K | +$14.6K | +1,406 | New |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| $10K | +$7.79K | +749 | New |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $9K | +$7.36K | +708 | New |
|
56
Wells Fargo
San Francisco,
California
| $1K | +$665 | +64 | New |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.04K | +100 | New |
|
58
BNP Paribas Financial Markets
Paris,
France
| $286 | +$229 | +22 | New |
|
|
WMSA
59
Weiss Multi-Strategy Advisers
New York
| – | -$1.91M | -257,263 | Closed |
|
|
CC
60
Cannell Capital
Alta,
Wyoming
| – | -$191K | -25,674 | Closed |
|
61
Goldman Sachs
New York
| – | -$124K | -16,677 | Closed |
|
62
William Blair & Company
Chicago,
Illinois
| – | -$95K | -12,766 | Closed |
|
|
PCM
63
Prelude Capital Management
New York
| – | -$25K | -3,319 | Closed |
|
|
TRCT
64
Tower Research Capital (TRC)
New York
| – | -$14K | -1,824 | Closed |
|
EVER Hedge Fund Activity: Q2 2019 in Review
58 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q2 2019, worth a combined $65.6M — up 150% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EVER positions and 6 closed out — a net gain of 23 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $4.38M. The largest seller was Weiss Multi-Strategy Advisers, exiting entirely with an estimated $1.91M sold.
- 58 institutional investors held EverQuote (EVER) as of Q2 2019, up from 35 in Q1 2019.
- Funds reported $65.6M of EverQuote stock for Q2 2019, up 150% quarter-over-quarter.
- 29 funds opened new EverQuote positions in Q2 2019 and 6 closed out, a net change of +23 holders.
- The largest EverQuote buyer in Q2 2019 was BlackRock, an estimated $4.38M added.
- The largest EverQuote seller in Q2 2019 was Weiss Multi-Strategy Advisers, an estimated $1.91M sold.
Based on aggregated 13F filings for Q2 2019.