EverQuote
EVER
110 hedge funds and large institutions have $544M invested in EverQuote in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 27 reducing their positions, and 26 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 27
1.13% less ownership
Funds ownership: 75.67% → 74.54% (-1.1%)
10% less capital invested
Capital invested by funds: $605M → $544M (-$60.8M)
11% less funds holding
Funds holding: 124 → 110 (-14)
27% less call options, than puts
Call options by funds: $3.56M | Put options by funds: $4.86M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
54% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$14.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.8M |
| 3 |
Morgan Stanley
New York
|
+$8.57M |
| 4 |
BlackRock
New York
|
+$7.17M |
| 5 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
-$29.8M |
| 2 |
Goldman Sachs
New York
|
-$7.76M |
| 3 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
-$5.37M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
-$4.49M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$3.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
126
Athanor Capital
New York
| – | -$255K | -7,039 | Closed |
|
|
NAM
127
NorthCoast Asset Management
Greenwich,
Connecticut
| – | -$252K | -6,931 | Closed |
|
|
BRWA
128
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$231K | -6,349 | Closed |
|
|
AIM
129
Aigen Investment Management
New York
| – | -$223K | -6,157 | Closed |
|
|
PP
130
Paloma Partners
Greenwich,
Connecticut
| – | -$213K | -5,860 | Closed |
|
|
PAM
131
Panagora Asset Management
Boston,
Massachusetts
| – | -$196K | -5,401 | Closed |
|
132
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$22K | -592 | Closed |
|
133
Acadian Asset Management
Boston,
Massachusetts
| – | -$18K | -502 | Closed |
|
134
Group One Trading
Chicago,
Illinois
| – | -$7.83K | -235 | Closed |
|
|
SFS
135
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$3K | -111 | Closed |
|
|
SWM
136
Spire Wealth Management
Mclean,
Virginia
| – | -$3K | -85 | Closed |
|
EVER Hedge Fund Activity: Q2 2021 in Review
110 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q2 2021, worth a combined $544M — down 10% from $605M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EVER and 12 opened new positions — a net loss of 14 holders — while 27 trimmed existing stakes and 56 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $14.6M. The largest seller was Shannon River Fund Management, exiting entirely with an estimated $29.8M sold.
- 110 institutional investors held EverQuote (EVER) as of Q2 2021, down from 124 in Q1 2021.
- Funds reported $544M of EverQuote stock for Q2 2021, down 10% quarter-over-quarter.
- 12 funds opened new EverQuote positions in Q2 2021 and 26 closed out, a net change of -14 holders.
- The largest EverQuote buyer in Q2 2021 was Assenagon Asset Management, an estimated $14.6M added.
- The largest EverQuote seller in Q2 2021 was Shannon River Fund Management, an estimated $29.8M sold.
Based on aggregated 13F filings for Q2 2021.