EverQuote
EVER
29 hedge funds and large institutions have $12.6M invested in EverQuote in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 17 closing their positions.
17% less funds holding
Funds holding: 35 → 29 (-6)
21.97% less ownership
Funds ownership: 82.5% → 60.53% (-22%)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
79% less capital invested
Capital invested by funds: $60.2M → $12.6M (-$47.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.97M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$2.28M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$1.85M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$1.17M |
| 5 |
JP Morgan Chase
New York
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.91M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.46M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$3.19M |
| 4 |
Neuberger Berman Group
New York
|
-$3.14M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$3.13M |
EVER Hedge Fund Activity: Q4 2018 in Review
29 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q4 2018, worth a combined $12.6M — down 79% from $60.2M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of EVER and 11 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Royce & Associates, opening a new position worth an estimated $4.97M. The largest seller was Wells Fargo, exiting entirely with an estimated $4.91M sold.
- 29 institutional investors held EverQuote (EVER) as of Q4 2018, down from 35 in Q3 2018.
- Funds reported $12.6M of EverQuote stock for Q4 2018, down 79% quarter-over-quarter.
- 11 funds opened new EverQuote positions in Q4 2018 and 17 closed out, a net change of -6 holders.
- The largest EverQuote buyer in Q4 2018 was Royce & Associates, an estimated $4.97M added.
- The largest EverQuote seller in Q4 2018 was Wells Fargo, an estimated $4.91M sold.
Based on aggregated 13F filings for Q4 2018.