ePlus
PLUS
157 hedge funds and large institutions have $879M invested in ePlus in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 58 reducing their positions, and 18 closing their positions.
14% more capital invested
Capital invested by funds: $774M → $879M (+$105M)
10% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 58
1.17% more ownership
Funds ownership: 183.11% → 184.27% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1% less funds holding
Funds holding: 159 → 157 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$12M |
| 2 |
RA
Royce & Associates
New York
|
+$6.64M |
| 3 |
Goldman Sachs
New York
|
+$6.53M |
| 4 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$4.35M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$24.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$8.11M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$2.69M |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$2M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.72M |
PLUS Hedge Fund Activity: Q2 2020 in Review
157 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in ePlus (PLUS) for Q2 2020, worth a combined $879M — up 14% from $774M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PLUS and 17 opened new positions — a net loss of 1 holder — while 58 trimmed existing stakes and 64 added.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $12M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $24.1M sold.
- 157 institutional investors held ePlus (PLUS) as of Q2 2020, down from 159 in Q1 2020.
- Funds reported $879M of ePlus stock for Q2 2020, up 14% quarter-over-quarter.
- 17 funds opened new ePlus positions in Q2 2020 and 18 closed out, a net change of -1 holder.
- The largest ePlus buyer in Q2 2020 was River Road Asset Management, an estimated $12M added.
- The largest ePlus seller in Q2 2020 was Fiduciary Management Inc, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2020.