ePlus
PLUS
174 hedge funds and large institutions have $888M invested in ePlus in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 68 increasing their positions, 50 reducing their positions, and 14 closing their positions.
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
36% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 50
25.36% more ownership
Funds ownership: 355.85% → 381.21% (+25%)
22% more capital invested
Capital invested by funds: $726M → $888M (+$162M)
9% more funds holding
Funds holding: 159 → 174 (+15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$97.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.9M |
| 3 |
MCM
Matarin Capital Management
New York
|
+$10M |
| 4 |
JP Morgan Chase
New York
|
+$8.44M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$7.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$8.24M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$7.84M |
| 3 |
NAP
New Amsterdam Partners
New York
|
-$5.55M |
| 4 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$4.61M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.47M |
PLUS Hedge Fund Activity: Q1 2017 in Review
174 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q1 2017, worth a combined $888M — up 22% from $726M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PLUS positions and 14 closed out — a net gain of 20 holders — while 68 added to existing stakes and 50 trimmed.
The largest buyer was BlackRock, adding an estimated $97.1M. The largest seller was River Road Asset Management, cutting an estimated $8.24M.
- 174 institutional investors held ePlus (PLUS) as of Q1 2017, up from 159 in Q4 2016.
- Funds reported $888M of ePlus stock for Q1 2017, up 22% quarter-over-quarter.
- 34 funds opened new ePlus positions in Q1 2017 and 14 closed out, a net change of +20 holders.
- The largest ePlus buyer in Q1 2017 was BlackRock, an estimated $97.1M added.
- The largest ePlus seller in Q1 2017 was River Road Asset Management, an estimated $8.24M sold.
Based on aggregated 13F filings for Q1 2017.