ePlus
PLUS
150 hedge funds and large institutions have $574M invested in ePlus in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 41 reducing their positions, and 19 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 41
17% more capital invested
Capital invested by funds: $492M → $574M (+$81.8M)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1% less funds holding
Funds holding: 151 → 150 (-1)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$11.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.53M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.25M |
| 4 |
NAP
New Amsterdam Partners
New York
|
+$3.78M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$20M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.64M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$3.09M |
| 4 |
RA
Royce & Associates
New York
|
-$2.57M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$2.26M |
PLUS Hedge Fund Activity: Q3 2016 in Review
150 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q3 2016, worth a combined $574M — up 17% from $492M a quarter earlier.
Fund positioning in PLUS was balanced in Q3 2016: 19 funds opened new positions, 19 closed out, 65 added to existing stakes and 41 trimmed.
The largest buyer was Fiduciary Management Inc, adding an estimated $11.3M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $20M sold.
- 150 institutional investors held ePlus (PLUS) as of Q3 2016, down from 151 in Q2 2016.
- Funds reported $574M of ePlus stock for Q3 2016, up 17% quarter-over-quarter.
- 19 funds opened new ePlus positions in Q3 2016 and 19 closed out, a net change of 0 holders.
- The largest ePlus buyer in Q3 2016 was Fiduciary Management Inc, an estimated $11.3M added.
- The largest ePlus seller in Q3 2016 was Copper Rock Capital Partners, an estimated $20M sold.
Based on aggregated 13F filings for Q3 2016.