EverQuote
EVER
124 hedge funds and large institutions have $605M invested in EverQuote in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 52 reducing their positions, and 20 closing their positions.
39% more call options, than puts
Call options by funds: $2.65M | Put options by funds: $1.91M
2% less funds holding
Funds holding: 127 → 124 (-3)
8% less capital invested
Capital invested by funds: $656M → $605M (-$51.1M)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
10.69% less ownership
Funds ownership: 86.36% → 75.67% (-11%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12.1M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$8.5M |
| 3 |
IM
Islet Management
New York
|
+$7.45M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.65M |
| 5 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$18.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$9.5M |
| 3 |
Renaissance Technologies
New York
|
-$9.15M |
| 4 |
Goldman Sachs
New York
|
-$7.75M |
| 5 |
Morgan Stanley
New York
|
-$5.37M |
EVER Hedge Fund Activity: Q1 2021 in Review
124 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q1 2021, worth a combined $605M — down 7.8% from $656M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of EVER and 18 opened new positions — a net loss of 2 holders — while 52 trimmed existing stakes and 35 added.
The largest buyer was Victory Capital Management, adding an estimated $12.1M. The largest seller was Shannon River Fund Management, cutting an estimated $18.2M.
- 124 institutional investors held EverQuote (EVER) as of Q1 2021, down from 127 in Q4 2020.
- Funds reported $605M of EverQuote stock for Q1 2021, down 7.8% quarter-over-quarter.
- 18 funds opened new EverQuote positions in Q1 2021 and 20 closed out, a net change of -2 holders.
- The largest EverQuote buyer in Q1 2021 was Victory Capital Management, an estimated $12.1M added.
- The largest EverQuote seller in Q1 2021 was Shannon River Fund Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2021.