ePlus
PLUS
159 hedge funds and large institutions have $726M invested in ePlus in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 54 increasing their positions, 57 reducing their positions, and 12 closing their positions.
355.85% more ownership
Funds ownership: 0% → 355.85% (+356%)
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more capital invested
Capital invested by funds: $574M → $726M (+$152M)
6% more funds holding
Funds holding: 150 → 159 (+9)
5% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.1M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.14M |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$4.5M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
+$4.2M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$7.39M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.1M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$3.26M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.01M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.73M |
PLUS Hedge Fund Activity: Q4 2016 in Review
159 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q4 2016, worth a combined $726M — up 27% from $574M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PLUS positions and 12 closed out — a net gain of 12 holders — while 54 added to existing stakes and 57 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $14.1M. The largest seller was LSV Asset Management, cutting an estimated $7.39M.
- 159 institutional investors held ePlus (PLUS) as of Q4 2016, up from 150 in Q3 2016.
- Funds reported $726M of ePlus stock for Q4 2016, up 27% quarter-over-quarter.
- 24 funds opened new ePlus positions in Q4 2016 and 12 closed out, a net change of +12 holders.
- The largest ePlus buyer in Q4 2016 was Fidelity Investments, an estimated $14.1M added.
- The largest ePlus seller in Q4 2016 was LSV Asset Management, an estimated $7.39M sold.
Based on aggregated 13F filings for Q4 2016.