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, 46 increasing their positions, 31 reducing their positions, and 15 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 31
1.7% less ownership
Funds ownership: 66.86% → 65.16% (-1.7%)
5% less funds holding
Funds holding: 103 → 98 (-5)
24% less capital invested
Capital invested by funds: $149M → $113M (-$35.5M)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
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 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.22M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$2.15M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.77M |
| 5 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$1.32M |
EVER Hedge Fund Activity: Q3 2022 in Review
98 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q3 2022, worth a combined $113M — down 24% from $149M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of EVER and 10 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 46 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 103 in Q2 2022.
- Funds reported $113M of EverQuote stock for Q3 2022, down 24% quarter-over-quarter.
- 10 funds opened new EverQuote positions in Q3 2022 and 15 closed out, a net change of -5 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.