ePlus
PLUS
178 hedge funds and large institutions have $914M invested in ePlus in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 61 increasing their positions, 74 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
2% more funds holding
Funds holding: 174 → 178 (+4)
3% more capital invested
Capital invested by funds: $888M → $914M (+$25.9M)
18% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 74
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
207.08% less ownership
Funds ownership: 381.21% → 174.13% (-207%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.3M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$6.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.95M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.45M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.3M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$14M |
| 3 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$12.2M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$8.7M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$8.62M |
PLUS Hedge Fund Activity: Q2 2017 in Review
178 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q2 2017, worth a combined $914M — up 2.9% from $888M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PLUS positions and 21 closed out — a net gain of 4 holders — while 61 added to existing stakes and 74 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $18.3M. The largest seller was Wellington Management Group, cutting an estimated $14.3M.
- 178 institutional investors held ePlus (PLUS) as of Q2 2017, up from 174 in Q1 2017.
- Funds reported $914M of ePlus stock for Q2 2017, up 2.9% quarter-over-quarter.
- 25 funds opened new ePlus positions in Q2 2017 and 21 closed out, a net change of +4 holders.
- The largest ePlus buyer in Q2 2017 was Fidelity Investments, an estimated $18.3M added.
- The largest ePlus seller in Q2 2017 was Wellington Management Group, an estimated $14.3M sold.
Based on aggregated 13F filings for Q2 2017.