Evertec
EVTC
123 hedge funds and large institutions have $868M invested in Evertec in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 26 reducing their positions, and 17 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 26
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
44% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $783K
6% more funds holding
Funds holding: 116 → 123 (+7)
0.4% more ownership
Funds ownership: 83.08% → 83.47% (+0.4%)
18% less capital invested
Capital invested by funds: $1.06B → $868M (-$189M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCP
Fine Capital Partners
New York
|
+$17.2M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$16.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$10.6M |
| 4 |
Renaissance Technologies
New York
|
+$10.5M |
| 5 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
Sarbit Advisory Services
Winnipeg,
Manitoba, Canada
|
-$37.1M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
-$28.8M |
| 3 |
Lazard Asset Management
New York
|
-$16.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$10M |
EVTC Hedge Fund Activity: Q1 2016 in Review
123 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Evertec (EVTC) for Q1 2016, worth a combined $868M — down 18% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EVTC positions and 17 closed out — a net gain of 8 holders — while 59 added to existing stakes and 26 trimmed.
The largest buyer was Fine Capital Partners, adding an estimated $17.2M. The largest seller was Sarbit Advisory Services, exiting entirely with an estimated $37.1M sold.
- 123 institutional investors held Evertec (EVTC) as of Q1 2016, up from 116 in Q4 2015.
- Funds reported $868M of Evertec stock for Q1 2016, down 18% quarter-over-quarter.
- 25 funds opened new Evertec positions in Q1 2016 and 17 closed out, a net change of +8 holders.
- The largest Evertec buyer in Q1 2016 was Fine Capital Partners, an estimated $17.2M added.
- The largest Evertec seller in Q1 2016 was Sarbit Advisory Services, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2016.