Evertec
EVTC
113 hedge funds and large institutions have $1.61B invested in Evertec in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 41 reducing their positions, and 20 closing their positions.
2.47% more ownership
Funds ownership: 79.94% → 82.41% (+2.5%)
7% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 41
4% more capital invested
Capital invested by funds: $1.54B → $1.61B (+$61.5M)
5% less funds holding
Funds holding: 119 → 113 (-6)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
50% less call options, than puts
Call options by funds: $15K | Put options by funds: $30K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
Sarbit Advisory Services
Winnipeg,
Manitoba, Canada
|
+$41.5M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$26.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$25.1M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$20.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$31.1M |
| 2 |
MC
Maplelane Capital
New York
|
-$25.3M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$21.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.2M |
| 5 |
RCM
Roystone Capital Management
New York
|
-$13.9M |
EVTC Hedge Fund Activity: Q1 2014 in Review
113 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Evertec (EVTC) for Q1 2014, worth a combined $1.61B — up 4% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of EVTC and 14 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 44 added.
The largest buyer was Sarbit Advisory Services, adding an estimated $41.5M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $31.1M sold.
- 113 institutional investors held Evertec (EVTC) as of Q1 2014, down from 119 in Q4 2013.
- Funds reported $1.61B of Evertec stock for Q1 2014, up 4% quarter-over-quarter.
- 14 funds opened new Evertec positions in Q1 2014 and 20 closed out, a net change of -6 holders.
- The largest Evertec buyer in Q1 2014 was Sarbit Advisory Services, an estimated $41.5M added.
- The largest Evertec seller in Q1 2014 was Pine River Capital Management, an estimated $31.1M sold.
Based on aggregated 13F filings for Q1 2014.