EVgo
EVGO
54 hedge funds and large institutions have $61.5M invested in EVgo in 2021 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 35 closing their positions.
513% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $2.42M
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
23% more funds holding
Funds holding: 44 → 54 (+10)
31.16% less ownership
Funds ownership: 50.87% → 19.7% (-31%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
51% less capital invested
Capital invested by funds: $125M → $61.5M (-$63.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Merewether Investment Management
Dallas,
Texas
|
+$11.8M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$7.66M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.42M |
| 4 |
BlackRock
New York
|
+$6.85M |
| 5 |
Neuberger Berman Group
New York
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.3M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$10.7M |
| 3 |
HP
Hartree Partners
New York
|
-$10.7M |
| 4 |
MCM
Moore Capital Management
New York
|
-$8.57M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$8.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.07M | -100,000 | Closed |
|
77
HighTower Advisors
Chicago,
Illinois
| – | -$804K | -75,000 | Closed |
|
78
Balyasny Asset Management
Chicago,
Illinois
| – | -$643K | -60,000 | Closed |
|
|
CCM
79
CAAS Capital Management
New York
| – | -$536K | -50,000 | Closed |
|
|
DCM
80
Dupont Capital Management
Wilmington,
Delaware
| – | -$536K | -50,000 | Closed |
|
|
FTCM
81
Fir Tree Capital Management
New York
| – | -$295K | -27,540 | Closed |
|
|
AC
82
Athos Capital
Hong Kong
| – | -$287K | -26,800 | Closed |
|
|
VCM
83
Vivaldi Capital Management
Chicago,
Illinois
| – | -$231K | -21,572 | Closed |
|
|
DTL
84
Dynamic Technology Lab
Singapore
| – | -$161K | -15,000 | Closed |
|
|
SMC
85
Smith, Moore & Co
Clayton,
Missouri
| – | -$123K | -11,500 | Closed |
|
86
Rockefeller Capital Management
New York
| – | -$113K | -10,620 | Closed |
|
87
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$107K | -10,000 | Closed |
|
|
BCM
88
Basso Capital Management
Stamford,
Connecticut
| – | -$104K | -9,720 | Closed |
|
EVGO Hedge Fund Activity: Q1 2021 in Review
54 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in EVgo (EVGO) for Q1 2021, worth a combined $61.5M — down 51% from $125M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new EVGO positions and 35 closed out — a net gain of 10 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Merewether Investment Management, opening a new position worth an estimated $11.8M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $19.3M sold.
- 54 institutional investors held EVgo (EVGO) as of Q1 2021, up from 44 in Q4 2020.
- Funds reported $61.5M of EVgo stock for Q1 2021, down 51% quarter-over-quarter.
- 45 funds opened new EVgo positions in Q1 2021 and 35 closed out, a net change of +10 holders.
- The largest EVgo buyer in Q1 2021 was Merewether Investment Management, an estimated $11.8M added.
- The largest EVgo seller in Q1 2021 was Adage Capital Partners, an estimated $19.3M sold.
Based on aggregated 13F filings for Q1 2021.