Evercore
209 hedge funds and large institutions have $1.74B invested in Evercore in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 82 increasing their positions, 68 reducing their positions, and 23 closing their positions.
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
21% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 68
5% more funds holding
Funds holding: 200 → 209 (+9)
3% more call options, than puts
Call options by funds: $2.95M | Put options by funds: $2.86M
5% less capital invested
Capital invested by funds: $1.83B → $1.74B (-$87.2M)
2.52% less ownership
Funds ownership: 93.72% → 91.2% (-2.5%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
+$15M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$14M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.9M |
| 4 |
Jennison Associates
New York
|
+$11.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$9.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$12.3M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$11.1M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$10.1M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$7.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
226
Origin Asset Management
London,
United Kingdom
| – | -$210K | -3,505 | Closed |
|
|
WFM
227
Wilmington Funds Management
Wilmington,
Delaware
| – | -$206K | -3,443 | Closed |
|
|
IH
228
IFC Holdings
Tampa,
Florida
| – | -$204K | -3,344 | Closed |
|
|
LWA
229
Lenox Wealth Advisors
New York
| – | -$2K | -34 | Closed |
|
230
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -33 | Closed |
|
|
EWM
231
Elite Wealth Management
Kirkland,
Washington
| – | -$1K | -19 | Closed |
|
|
SSG
232
Summit Securities Group
New York
| – | +$57 | +1 | New |
|
EVR Hedge Fund Activity: Q1 2014 in Review
209 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Evercore (EVR) for Q1 2014, worth a combined $1.74B — down 4.8% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new EVR positions and 23 closed out — a net gain of 13 holders — while 82 added to existing stakes and 68 trimmed.
The largest buyer was Weatherbie Capital, opening a new position worth an estimated $15M. The largest seller was Fidelity Investments, cutting an estimated $18.3M.
- 209 institutional investors held Evercore (EVR) as of Q1 2014, up from 200 in Q4 2013.
- Funds reported $1.74B of Evercore stock for Q1 2014, down 4.8% quarter-over-quarter.
- 36 funds opened new Evercore positions in Q1 2014 and 23 closed out, a net change of +13 holders.
- The largest Evercore buyer in Q1 2014 was Weatherbie Capital, an estimated $15M added.
- The largest Evercore seller in Q1 2014 was Fidelity Investments, an estimated $18.3M sold.
Based on aggregated 13F filings for Q1 2014.