ePlus
PLUS
179 hedge funds and large institutions have $960M invested in ePlus in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 55 reducing their positions, and 26 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 55
0.55% more ownership
Funds ownership: 179.7% → 180.25% (+0.55%)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
1% less funds holding
Funds holding: 181 → 179 (-2)
18% less capital invested
Capital invested by funds: $1.18B → $960M (-$217M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$11.3M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$10.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.56M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.05M |
| 5 |
Janus Henderson Group
London,
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$24.1M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$16.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.79M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$5.36M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$4.35M |
PLUS Hedge Fund Activity: Q4 2017 in Review
179 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q4 2017, worth a combined $960M — down 18% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PLUS and 24 opened new positions — a net loss of 2 holders — while 55 trimmed existing stakes and 78 added.
The largest buyer was Atlanta Capital Management, adding an estimated $11.3M. The largest seller was Fiduciary Management Inc, cutting an estimated $24.1M.
- 179 institutional investors held ePlus (PLUS) as of Q4 2017, down from 181 in Q3 2017.
- Funds reported $960M of ePlus stock for Q4 2017, down 18% quarter-over-quarter.
- 24 funds opened new ePlus positions in Q4 2017 and 26 closed out, a net change of -2 holders.
- The largest ePlus buyer in Q4 2017 was Atlanta Capital Management, an estimated $11.3M added.
- The largest ePlus seller in Q4 2017 was Fiduciary Management Inc, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2017.