ePlus
PLUS
171 hedge funds and large institutions have $847M invested in ePlus in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 58 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
2% more funds holding
Funds holding: 168 → 171 (+3)
2% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 58
2.39% less ownership
Funds ownership: 183.01% → 180.62% (-2.4%)
23% less capital invested
Capital invested by funds: $1.1B → $847M (-$255M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $758K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$10.8M |
| 2 |
Goldman Sachs
New York
|
+$7.75M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
+$7.45M |
| 4 |
Millennium Management
New York
|
+$6.6M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$36.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.4M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$16.4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$2.76M |
PLUS Hedge Fund Activity: Q2 2019 in Review
171 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q2 2019, worth a combined $847M — down 23% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PLUS positions and 20 closed out — a net gain of 6 holders — while 59 added to existing stakes and 58 trimmed.
The largest buyer was Norges Bank, opening a new position worth an estimated $10.8M. The largest seller was Wellington Management Group, cutting an estimated $36.1M.
- 171 institutional investors held ePlus (PLUS) as of Q2 2019, up from 168 in Q1 2019.
- Funds reported $847M of ePlus stock for Q2 2019, down 23% quarter-over-quarter.
- 26 funds opened new ePlus positions in Q2 2019 and 20 closed out, a net change of +6 holders.
- The largest ePlus buyer in Q2 2019 was Norges Bank, an estimated $10.8M added.
- The largest ePlus seller in Q2 2019 was Wellington Management Group, an estimated $36.1M sold.
Based on aggregated 13F filings for Q2 2019.