EverQuote
EVER
35 hedge funds and large institutions have $60.2M invested in EverQuote in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 28 closing their positions.
82.5% more ownership
Funds ownership: 0% → 82.5% (+83%)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
25% less capital invested
Capital invested by funds: $79.9M → $60.2M (-$19.6M)
26% less funds holding
Funds holding: 47 → 35 (-12)
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.39M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$3.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.15M |
| 4 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$2.92M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.87M |
| 2 |
JP Morgan Chase
New York
|
-$3.55M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$3.42M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.17M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$2.81M |
EVER Hedge Fund Activity: Q3 2018 in Review
35 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q3 2018, worth a combined $60.2M — down 25% from $79.9M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of EVER and 16 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $3.39M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $5.87M sold.
- 35 institutional investors held EverQuote (EVER) as of Q3 2018, down from 47 in Q2 2018.
- Funds reported $60.2M of EverQuote stock for Q3 2018, down 25% quarter-over-quarter.
- 16 funds opened new EverQuote positions in Q3 2018 and 28 closed out, a net change of -12 holders.
- The largest EverQuote buyer in Q3 2018 was ArrowMark Colorado Holdings, an estimated $3.39M added.
- The largest EverQuote seller in Q3 2018 was Lord, Abbett & Co, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2018.