Evertec
EVTC
116 hedge funds and large institutions have $1.06B invested in Evertec in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 59 increasing their positions, 29 reducing their positions, and 21 closing their positions.
103% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 29
60% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $725K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.09% less ownership
Funds ownership: 83.16% → 83.08% (-0.09%)
7% less funds holding
Funds holding: 125 → 116 (-9)
9% less capital invested
Capital invested by funds: $1.16B → $1.06B (-$106M)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Rivulet Capital
Summit,
New Jersey
|
+$20.7M |
| 2 |
Lazard Asset Management
New York
|
+$7.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.35M |
| 4 |
Renaissance Technologies
New York
|
+$6.24M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$29.6M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$19.6M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$19.4M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$12M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Capital Fund Management (CFM)
Paris,
France
| – | -$475K | -26,287 | Closed |
|
127
Nomura Holdings
Tokyo,
Japan
| – | -$461K | -24,803 | Closed |
|
|
SCM
128
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$429K | -23,734 | Closed |
|
129
Arrowstreet Capital
Boston,
Massachusetts
| – | -$336K | -18,600 | Closed |
|
|
SO
130
STRS Ohio
Columbus,
Ohio
| – | -$321K | -17,800 | Closed |
|
|
RCM
131
RNC Capital Management
Los Angeles,
California
| – | -$234K | -12,973 | Closed |
|
|
BCM
132
Bridgeway Capital Management
Houston,
Texas
| – | -$184K | -10,200 | Closed |
|
|
PCM
133
Prelude Capital Management
New York
| – | -$78K | -4,300 | Closed |
|
|
GT
134
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$43K | -2,420 | Closed |
|
135
Simplex Trading
Chicago,
Illinois
| – | -$15K | -869 | Closed |
|
|
RIA
136
Regal Investment Advisors
Kentwood,
Michigan
| – | -$10K | -585 | Closed |
|
|
WCM
137
Wealthcare Capital Management
Richmond,
Virginia
| – | -$9K | -480 | Closed |
|
EVTC Hedge Fund Activity: Q4 2015 in Review
116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Evertec (EVTC) for Q4 2015, worth a combined $1.06B — down 9.1% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of EVTC and 12 opened new positions — a net loss of 9 holders — while 29 trimmed existing stakes and 59 added.
The largest buyer was Rivulet Capital, opening a new position worth an estimated $20.7M. The largest seller was Manning & Napier Advisors, cutting an estimated $29.6M.
- 116 institutional investors held Evertec (EVTC) as of Q4 2015, down from 125 in Q3 2015.
- Funds reported $1.06B of Evertec stock for Q4 2015, down 9.1% quarter-over-quarter.
- 12 funds opened new Evertec positions in Q4 2015 and 21 closed out, a net change of -9 holders.
- The largest Evertec buyer in Q4 2015 was Rivulet Capital, an estimated $20.7M added.
- The largest Evertec seller in Q4 2015 was Manning & Napier Advisors, an estimated $29.6M sold.
Based on aggregated 13F filings for Q4 2015.