EverQuote
EVER
98 hedge funds and large institutions have $113M invested in EverQuote in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 32 reducing their positions, and 16 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 32
3.62% less ownership
Funds ownership: 68.78% → 65.16% (-3.6%)
6% less funds holding
Funds holding: 104 → 98 (-6)
26% less capital invested
Capital invested by funds: $153M → $113M (-$39.8M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
43% less call options, than puts
Call options by funds: $94K | Put options by funds: $166K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.95M |
| 2 |
RA
Royce & Associates
New York
|
+$1.75M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.6M |
| 4 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$1.46M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.68M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$3.68M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.22M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$2.15M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
101
Eschler Asset Management
London,
United Kingdom
| – | -$227K | -25,628 | Closed |
|
|
DCM
102
Dupont Capital Management
Wilmington,
Delaware
| – | -$143K | -16,149 | Closed |
|
103
Jane Street
New York
| – | -$140K | -15,871 | Closed |
|
104
Creative Planning
Overland Park,
Kansas
| – | -$132K | -14,983 | Closed |
|
|
SOW
105
State of Wyoming
Cheyenne,
Wyoming
| – | -$108K | -12,237 | Closed |
|
|
MIM
106
MetLife Investment Management
Whippany,
New Jersey
| – | -$85.9K | -9,721 | Closed |
|
|
PI
107
PEAK6 Investments
Chicago,
Illinois
| – | -$40K | -4,540 | Closed |
|
108
Group One Trading
Chicago,
Illinois
| – | -$31.8K | -3,393 | Closed |
|
|
MLICM
109
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$7.88K | -891 | Closed |
|
|
PFGIA
110
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$1K | -65 | Closed |
|
111
Rockefeller Capital Management
New York
| – | +$1.24K | +132 | New |
|
EVER Hedge Fund Activity: Q3 2022 in Review
98 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q3 2022, worth a combined $113M — down 26% from $153M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of EVER and 10 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 45 added.
The largest buyer was Bank of America, adding an estimated $3.95M. The largest seller was Federated Hermes, cutting an estimated $3.68M.
- 98 institutional investors held EverQuote (EVER) as of Q3 2022, down from 104 in Q2 2022.
- Funds reported $113M of EverQuote stock for Q3 2022, down 26% quarter-over-quarter.
- 10 funds opened new EverQuote positions in Q3 2022 and 16 closed out, a net change of -6 holders.
- The largest EverQuote buyer in Q3 2022 was Bank of America, an estimated $3.95M added.
- The largest EverQuote seller in Q3 2022 was Federated Hermes, an estimated $3.68M sold.
Based on aggregated 13F filings for Q3 2022.