Evertec
EVTC
248 hedge funds and large institutions have $2.13B invested in Evertec in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 101 increasing their positions, 78 reducing their positions, and 32 closing their positions.
227% more call options, than puts
Call options by funds: $1.32M | Put options by funds: $402K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 78
7% more capital invested
Capital invested by funds: $2B → $2.13B (+$130M)
0.47% less ownership
Funds ownership: 97.01% → 96.54% (-0.47%)
1% less funds holding
Funds holding: 250 → 248 (-2)
3% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sunriver Management
Greenwich,
Connecticut
|
+$23.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$22.7M |
| 3 |
Morgan Stanley
New York
|
+$9.58M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.54M |
| 5 |
Goldman Sachs
New York
|
+$6.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$63.9M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$16.5M |
| 3 |
Man Group
London,
United Kingdom
|
-$8.88M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$7.35M |
| 5 |
BlackRock
New York
|
-$5.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
276
IFP Advisors
Tampa,
Florida
| – | -$21K | -156 | Closed |
|
|
SO
277
STRS Ohio
Columbus,
Ohio
| – | -$3K | -100 | Closed |
|
|
ACM
278
AUA Capital Management
Camp Hill,
Pennsylvania
| – | -$1.13K | -35 | Closed |
|
|
CWP
279
Concord Wealth Partners
Abingdon,
Virginia
| – | -$907 | -28 | Closed |
|
280
Jones Financial Companies
Des Peres,
Missouri
| – | -$1K | -28 | Closed |
|
EVTC Hedge Fund Activity: Q1 2023 in Review
248 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Evertec (EVTC) for Q1 2023, worth a combined $2.13B — up 6.5% from $2B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of EVTC and 31 opened new positions — a net loss of 1 holder — while 78 trimmed existing stakes and 101 added.
The largest buyer was Sunriver Management, opening a new position worth an estimated $23.4M. The largest seller was Boston Partners, exiting entirely with an estimated $63.9M sold.
- 248 institutional investors held Evertec (EVTC) as of Q1 2023, down from 250 in Q4 2022.
- Funds reported $2.13B of Evertec stock for Q1 2023, up 6.5% quarter-over-quarter.
- 31 funds opened new Evertec positions in Q1 2023 and 32 closed out, a net change of -1 holder.
- The largest Evertec buyer in Q1 2023 was Sunriver Management, an estimated $23.4M added.
- The largest Evertec seller in Q1 2023 was Boston Partners, an estimated $63.9M sold.
Based on aggregated 13F filings for Q1 2023.