EVgo
EVGO
179 hedge funds and large institutions have $110M invested in EVgo in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 46 reducing their positions, and 29 closing their positions.
143% more call options, than puts
Call options by funds: $6.56M | Put options by funds: $2.69M
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
3% less funds holding
Funds holding: 184 → 179 (-5)
5.66% less ownership
Funds ownership: 47.29% → 41.64% (-5.7%)
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
37% less capital invested
Capital invested by funds: $174M → $110M (-$64.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.45M |
| 2 |
JP Morgan Chase
New York
|
+$1.6M |
| 3 |
SCM
SIR Capital Management
New York
|
+$1.41M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$989K |
| 5 |
Man Group
London,
United Kingdom
|
+$862K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.2M |
| 2 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$8.61M |
| 3 |
SLAM
Swiss Life Asset Management
Zurich,
|
-$1.61M |
| 4 |
Morgan Stanley
New York
|
-$1.39M |
| 5 |
Goldman Sachs
New York
|
-$967K |
EVGO Hedge Fund Activity: Q1 2024 in Review
179 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in EVgo (EVGO) for Q1 2024, worth a combined $110M — down 37% from $174M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of EVGO and 25 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 48 added.
The largest buyer was Millennium Management, adding an estimated $2.45M. The largest seller was Wellington Management Group, exiting entirely with an estimated $13.2M sold.
- 179 institutional investors held EVgo (EVGO) as of Q1 2024, down from 184 in Q4 2023.
- Funds reported $110M of EVgo stock for Q1 2024, down 37% quarter-over-quarter.
- 25 funds opened new EVgo positions in Q1 2024 and 29 closed out, a net change of -4 holders.
- The largest EVgo buyer in Q1 2024 was Millennium Management, an estimated $2.45M added.
- The largest EVgo seller in Q1 2024 was Wellington Management Group, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2024.