Evertec
EVTC
125 hedge funds and large institutions have $1.16B invested in Evertec in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 42 reducing their positions, and 13 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 42
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1% more funds holding
Funds holding: 124 → 125 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.55% less ownership
Funds ownership: 84.71% → 83.16% (-1.6%)
16% less capital invested
Capital invested by funds: $1.39B → $1.16B (-$223M)
27% less call options, than puts
Call options by funds: $527K | Put options by funds: $726K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.2M |
| 2 |
FCP
Fine Capital Partners
New York
|
+$8.76M |
| 3 |
Millennium Management
New York
|
+$6.58M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$6.34M |
| 5 |
Citigroup
New York
|
+$4.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$49.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$15.3M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$13.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.77M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
William Blair & Company
Chicago,
Illinois
| – | -$13.1M | -616,979 | Closed |
|
|
WMSA
127
Weiss Multi-Strategy Advisers
New York
| – | -$2.13M | -100,346 | Closed |
|
|
PP
128
Paloma Partners
Greenwich,
Connecticut
| – | -$667K | -31,399 | Closed |
|
|
GH
129
GAM Holding
Zurich,
Switzerland
| – | -$637K | -30,000 | Closed |
|
|
LH
130
Lebenthal Holdings
New York
| – | -$544K | -25,607 | Closed |
|
|
AI
131
Analytic Investors
Los Angeles,
California
| – | -$422K | -19,845 | Closed |
|
|
EGM
132
Engineers Gate Manager
New York
| – | -$368K | -17,312 | Closed |
|
|
CI
133
Conning Inc
Hartford,
Connecticut
| – | -$247K | -11,650 | Closed |
|
|
GCP
134
GSA Capital Partners
London,
United Kingdom
| – | -$238K | -11,226 | Closed |
|
135
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$212K | -10,000 | Closed |
|
|
TRCT
136
Tower Research Capital (TRC)
New York
| – | -$78K | -3,651 | Closed |
|
|
JG
137
Jefferies Group
New York
| – | -$11K | -530 | Closed |
|
|
LTFS
138
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -29 | Closed |
|
EVTC Hedge Fund Activity: Q3 2015 in Review
125 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Evertec (EVTC) for Q3 2015, worth a combined $1.16B — down 16% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EVTC positions and 13 closed out — a net gain of 2 holders — while 57 added to existing stakes and 42 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $23.2M. The largest seller was Manning & Napier Advisors, cutting an estimated $49.9M.
- 125 institutional investors held Evertec (EVTC) as of Q3 2015, up from 124 in Q2 2015.
- Funds reported $1.16B of Evertec stock for Q3 2015, down 16% quarter-over-quarter.
- 15 funds opened new Evertec positions in Q3 2015 and 13 closed out, a net change of +2 holders.
- The largest Evertec buyer in Q3 2015 was Fidelity Investments, an estimated $23.2M added.
- The largest Evertec seller in Q3 2015 was Manning & Napier Advisors, an estimated $49.9M sold.
Based on aggregated 13F filings for Q3 2015.