ePlus
PLUS
168 hedge funds and large institutions have $1.1B invested in ePlus in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 52 increasing their positions, 67 reducing their positions, and 20 closing their positions.
23% more capital invested
Capital invested by funds: $897M → $1.1B (+$206M)
1% less funds holding
Funds holding: 169 → 168 (-1)
0.8% less ownership
Funds ownership: 183.8% → 183.01% (-0.8%)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
22% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$15.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$11.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.48M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.75M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.84M |
| 2 |
Morgan Stanley
New York
|
-$8.67M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.58M |
| 4 |
NAP
New Amsterdam Partners
New York
|
-$3.88M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.49M |
PLUS Hedge Fund Activity: Q1 2019 in Review
168 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q1 2019, worth a combined $1.1B — up 23% from $897M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PLUS and 19 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 52 added.
The largest buyer was Cortina Asset Management, opening a new position worth an estimated $15.4M. The largest seller was Fidelity Investments, cutting an estimated $9.84M.
- 168 institutional investors held ePlus (PLUS) as of Q1 2019, down from 169 in Q4 2018.
- Funds reported $1.1B of ePlus stock for Q1 2019, up 23% quarter-over-quarter.
- 19 funds opened new ePlus positions in Q1 2019 and 20 closed out, a net change of -1 holder.
- The largest ePlus buyer in Q1 2019 was Cortina Asset Management, an estimated $15.4M added.
- The largest ePlus seller in Q1 2019 was Fidelity Investments, an estimated $9.84M sold.
Based on aggregated 13F filings for Q1 2019.