EverQuote
EVER
85 hedge funds and large institutions have $145M invested in EverQuote in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 26 reducing their positions, and 20 closing their positions.
378% more call options, than puts
Call options by funds: $43K | Put options by funds: $9K
38% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 26
17% more capital invested
Capital invested by funds: $124M → $145M (+$21M)
2.7% more ownership
Funds ownership: 69.42% → 72.12% (+2.7%)
11% less funds holding
Funds holding: 95 → 85 (-10)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$3.86M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.08M |
| 3 |
CC
Clearline Capital
New York
|
+$2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.33M |
| 5 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.8M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$2M |
| 3 |
Renaissance Technologies
New York
|
-$847K |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$834K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$796K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOW
101
State of Wyoming
Cheyenne,
Wyoming
| – | -$13.2K | -2,036 | Closed |
|
|
QCG
102
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$208 | -32 | Closed |
|
103
Point72 Asset Management
Stamford,
Connecticut
| – | -$117 | -18 | Closed |
|
|
FBC
104
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$33 | -5 | Closed |
|
EVER Hedge Fund Activity: Q3 2023 in Review
85 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q3 2023, worth a combined $145M — up 17% from $124M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of EVER and 11 opened new positions — a net loss of 9 holders — while 26 trimmed existing stakes and 36 added.
The largest buyer was EARNEST Partners, adding an estimated $3.86M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $2.8M sold.
- 85 institutional investors held EverQuote (EVER) as of Q3 2023, down from 95 in Q2 2023.
- Funds reported $145M of EverQuote stock for Q3 2023, up 17% quarter-over-quarter.
- 11 funds opened new EverQuote positions in Q3 2023 and 20 closed out, a net change of -9 holders.
- The largest EverQuote buyer in Q3 2023 was EARNEST Partners, an estimated $3.86M added.
- The largest EverQuote seller in Q3 2023 was Arrowstreet Capital, an estimated $2.8M sold.
Based on aggregated 13F filings for Q3 2023.