ePlus
PLUS
181 hedge funds and large institutions have $1.18B invested in ePlus in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 72 increasing their positions, 53 reducing their positions, and 19 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 53
29% more capital invested
Capital invested by funds: $914M → $1.18B (+$263M)
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
5.58% more ownership
Funds ownership: 174.13% → 179.7% (+5.6%)
2% more funds holding
Funds holding: 178 → 181 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.8M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$22.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$10.5M |
| 4 |
BlackRock
New York
|
+$10.3M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$18.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$11.2M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$9.83M |
| 4 |
GC
Gobi Capital
San Francisco,
California
|
-$9.07M |
| 5 |
Janus Henderson Group
London,
|
-$6.33M |
PLUS Hedge Fund Activity: Q3 2017 in Review
181 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q3 2017, worth a combined $1.18B — up 29% from $914M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PLUS positions and 19 closed out — a net gain of 4 holders — while 72 added to existing stakes and 53 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $23.8M. The largest seller was Fiduciary Management Inc, cutting an estimated $18.3M.
- 181 institutional investors held ePlus (PLUS) as of Q3 2017, up from 178 in Q2 2017.
- Funds reported $1.18B of ePlus stock for Q3 2017, up 29% quarter-over-quarter.
- 23 funds opened new ePlus positions in Q3 2017 and 19 closed out, a net change of +4 holders.
- The largest ePlus buyer in Q3 2017 was Royal Bank of Canada, an estimated $23.8M added.
- The largest ePlus seller in Q3 2017 was Fiduciary Management Inc, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2017.