ePlus
PLUS
149 hedge funds and large institutions have $505M invested in ePlus in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
12% less capital invested
Capital invested by funds: $571M → $505M (-$65.8M)
12% less funds holding
Funds holding: 170 → 149 (-21)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$24.2M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$23.4M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.8M |
| 4 |
Janus Henderson Group
London,
|
+$5.74M |
| 5 |
Bank of New York Mellon
New York
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.98M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.72M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$6.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.46M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$4.35M |
PLUS Hedge Fund Activity: Q1 2016 in Review
149 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q1 2016, worth a combined $505M — down 12% from $571M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PLUS and 14 opened new positions — a net loss of 20 holders — while 60 trimmed existing stakes and 57 added.
The largest buyer was Fiduciary Management Inc, adding an estimated $24.2M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $9.98M sold.
- 149 institutional investors held ePlus (PLUS) as of Q1 2016, down from 170 in Q4 2015.
- Funds reported $505M of ePlus stock for Q1 2016, down 12% quarter-over-quarter.
- 14 funds opened new ePlus positions in Q1 2016 and 34 closed out, a net change of -20 holders.
- The largest ePlus buyer in Q1 2016 was Fiduciary Management Inc, an estimated $24.2M added.
- The largest ePlus seller in Q1 2016 was Acadian Asset Management, an estimated $9.98M sold.
Based on aggregated 13F filings for Q1 2016.