Evertec
EVTC
119 hedge funds and large institutions have $1.54B invested in Evertec in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 53 increasing their positions, 31 reducing their positions, and 24 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 31
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more capital invested
Capital invested by funds: $1.27B → $1.54B (+$270M)
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
9.89% more ownership
Funds ownership: 70.05% → 79.94% (+9.9%)
3% more funds holding
Funds holding: 116 → 119 (+3)
96% less call options, than puts
Call options by funds: $25K | Put options by funds: $692K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$56.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$55.7M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$52M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$42.1M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$204M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$19.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$12.8M |
| 4 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
-$10.7M |
| 5 |
CM
Corvex Management
New York
|
-$10.1M |
EVTC Hedge Fund Activity: Q4 2013 in Review
119 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Evertec (EVTC) for Q4 2013, worth a combined $1.54B — up 21% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new EVTC positions and 24 closed out — a net gain of 3 holders — while 53 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $56.5M. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $204M sold.
- 119 institutional investors held Evertec (EVTC) as of Q4 2013, up from 116 in Q3 2013.
- Funds reported $1.54B of Evertec stock for Q4 2013, up 21% quarter-over-quarter.
- 27 funds opened new Evertec positions in Q4 2013 and 24 closed out, a net change of +3 holders.
- The largest Evertec buyer in Q4 2013 was Fidelity Investments, an estimated $56.5M added.
- The largest Evertec seller in Q4 2013 was Apollo Management Holdings, an estimated $204M sold.
Based on aggregated 13F filings for Q4 2013.