EverQuote
EVER
150 hedge funds and large institutions have $969M invested in EverQuote in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 65 increasing their positions, 37 reducing their positions, and 16 closing their positions.
1,110% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $901K
179% more capital invested
Capital invested by funds: $347M → $969M (+$622M)
119% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 16
76% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 37
15% more funds holding
Funds holding: 131 → 150 (+19)
12.08% more ownership
Funds ownership: 80.92% → 92.99% (+12%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$32.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$19.9M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$11.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$9.22M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$14.2M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$11.7M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$6.26M |
| 4 |
Millennium Management
New York
|
-$6.14M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.87M |
EVER Hedge Fund Activity: Q2 2020 in Review
150 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q2 2020, worth a combined $969M — up 179% from $347M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new EVER positions and 16 closed out — a net gain of 19 holders — while 65 added to existing stakes and 37 trimmed.
The largest buyer was Zevenbergen Capital Investments, adding an estimated $32.2M. The largest seller was Shannon River Fund Management, cutting an estimated $14.2M.
- 150 institutional investors held EverQuote (EVER) as of Q2 2020, up from 131 in Q1 2020.
- Funds reported $969M of EverQuote stock for Q2 2020, up 179% quarter-over-quarter.
- 35 funds opened new EverQuote positions in Q2 2020 and 16 closed out, a net change of +19 holders.
- The largest EverQuote buyer in Q2 2020 was Zevenbergen Capital Investments, an estimated $32.2M added.
- The largest EverQuote seller in Q2 2020 was Shannon River Fund Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2020.