EverQuote
EVER
125 hedge funds and large institutions have $386M invested in EverQuote in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 10 closing their positions.
1,044% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $914K
280% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 10
50% more capital invested
Capital invested by funds: $257M → $386M (+$129M)
29% more funds holding
Funds holding: 97 → 125 (+28)
1.91% less ownership
Funds ownership: 74.58% → 72.67% (-1.9%)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$11M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$4.31M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.92M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.3M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$5.62M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.19M |
| 4 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$4.9M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$3.27M |
EVER Hedge Fund Activity: Q1 2024 in Review
125 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in EverQuote (EVER) for Q1 2024, worth a combined $386M — up 50% from $257M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new EVER positions and 10 closed out — a net gain of 28 holders — while 35 added to existing stakes and 46 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $11M. The largest seller was Millennium Management, cutting an estimated $13M.
- 125 institutional investors held EverQuote (EVER) as of Q1 2024, up from 97 in Q4 2023.
- Funds reported $386M of EverQuote stock for Q1 2024, up 50% quarter-over-quarter.
- 38 funds opened new EverQuote positions in Q1 2024 and 10 closed out, a net change of +28 holders.
- The largest EverQuote buyer in Q1 2024 was Driehaus Capital Management, an estimated $11M added.
- The largest EverQuote seller in Q1 2024 was Millennium Management, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2024.