EPLUS INC PLUS
COM · Common Stock · CUSIP 294268107 · ISIN US2942681071
American information technology company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.9m this quarter). Holder counts are more reliable. Shares outstanding: 26.6m as of 2025-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $71.66. Options: 2 managers hold calls ($237.9k notional), 1 hold puts ($0).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 177 |
| Q4 2022 | 180 |
| Q1 2023 | 189 |
| Q2 2023 | 197 |
| Q3 2023 | 217 |
| Q4 2023 | 217 |
| Q1 2024 | 223 |
| Q2 2024 | 230 |
| Q3 2024 | 235 |
| Q4 2024 | 242 |
| Q1 2025 | 243 |
| Q2 2025 | 252 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 96 | 100 |
| Q4 2023 | 88 | 122 |
| Q1 2024 | 108 | 114 |
| Q2 2024 | 118 | 104 |
| Q3 2024 | 108 | 113 |
| Q4 2024 | 104 | 120 |
| Q1 2025 | 116 | 120 |
| Q2 2025 | 139 | 107 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.6m | $334.4k | 0.21 |
| Q4 2024 | $730.6k | $359.9k | 0.49 |
| Q1 2025 | $634.7k | $93.1k | 0.15 |
| Q2 2025 | $237.9k | $0 | 0.00 |
Biggest buyers
| SILVERCREST ASSET MANAGEMENT GROUP LLC | New | +387.1k |
| ROYAL BANK OF CANADA | Added | +332.1k |
| River Road Asset Management, LLC | Added | +238.1k |
| Nuveen, LLC | Added | +141.9k |
| AMERIPRISE FINANCIAL INC | Added | +118.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +62.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Added | +60.6k |
| FMR LLC | Added | +51.0k |
| GENEVA CAPITAL MANAGEMENT LLC | Added | +51.0k |
| CITADEL ADVISORS LLC | Added | +47.0k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -347.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -226.4k |
| BlackRock, Inc. | Reduced | -120.7k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -101.0k |
| Gobi Capital LLC | Reduced | -99.0k |
| DEUTSCHE BANK AG\ | Reduced | -89.6k |
| MORGAN STANLEY | Reduced | -75.2k |
| Phocas Financial Corp. | Sold out | -68.6k |
| JANE STREET GROUP, LLC | Reduced | -65.4k |
| TWINBEECH CAPITAL LP | Sold out | -53.3k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $237.9k3.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 14.9% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +0.2 pts · filed 2026-07-14 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: River Road Asset Management, LLC (4.5%, 2026-08-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 3 | $5.7m | $800.2k |
| Q4 2023 | 0 | — | 2 | $745.1k | $745.1k |
| Q1 2024 | 0 | — | 3 | $891.5k | $788.0k |
| Q2 2024 | 0 | — | 2 | $769.1k | $769.1k |
| Q3 2024 | 0 | — | 4 | $1.2m | $916.6k |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 4.0m $287.8m | Reduced -120.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.4m $175.7m | Reduced -11.7k |
| River Road Asset Management, LLC 1.34% of their portfolio | 1.6m $105.3m | Added +238.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.3m $94.2m | Reduced -11.8k |
| FMR LLC 0.00% of their portfolio | 1.2m $85.4m | Added +51.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.0m $73.5m | Added +9.0k |
| AltraVue Capital, LLC 6.31% of their portfolio | 995.4k $71.8m | Added +11.6k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 927.9k $66.9m | Added +62.6k |
| GENEVA CAPITAL MANAGEMENT LLC 1.11% of their portfolio | 921.9k $66.5m | Added +51.0k |
| MORGAN STANLEY 0.00% of their portfolio | 765.4k $55.2m | Reduced -75.2k |
| Gobi Capital LLC 2.44% of their portfolio | 684.6k $49.4m | Reduced -99.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 671.9k $48.5m | Added +16.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 644.5k $46.5m | Added +332.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 477.9k $34.5m | Reduced -31.1k |
| Swedbank AB 0.04% of their portfolio | 450.0k $32.4m | First filing |
| WCM INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 433.2k $31.7m | Added +26.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 432.4k $31.2m | Reduced -347.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 391.6k $28.2m | Added +5.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.19% of their portfolio | 387.1k $27.9m | New |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 307.2k $22.1m | Added +36.6k |
| LONDON CO OF VIRGINIA 0.12% of their portfolio | 301.6k $21.7m | Added +12.1k |
| Pacer Advisors, Inc. 0.04% of their portfolio | 241.3k $17.4m | Reduced -36.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 229.9k $16.6m | Added +2.7k |
| Nuveen, LLC 0.00% of their portfolio | 206.1k $14.9m | Added +141.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 204.9k $14.8m | Added +118.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 174.2k $12.6m | Added +4.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 164.3k $11.8m | Reduced -22.7k |
| Invesco Ltd. 0.00% of their portfolio | 161.2k $11.6m | Reduced -28.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 148.1k $10.7m | Added +6.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 142.7k $10.3m | Added +2.8k |
| UBS Group AG 0.00% of their portfolio | 140.5k $10.1m | Reduced -43.4k |
| EULAV Asset Management 0.24% of their portfolio | 139.0k $10.0m | Unchanged |
| ROYCE & ASSOCIATES LP 0.10% of their portfolio | 133.5k $9.6m | Added +26.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 103.1k $7.4m | Added +26.9k |
| GHP Investment Advisors, Inc. 0.32% of their portfolio | 100.1k $7.2m | Reduced -570 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 97.7k $7.0m | Reduced -101.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 92.8k $6.7m | Reduced -7.7k |
| Legato Capital Management LLC 0.79% of their portfolio | 91.8k $6.6m | Added +2.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 91.7k $6.6m | Added +6.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 91.7k $6.6m | Added +7.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 91.4k $6.6m | Added +15.7k |
| NICHOLAS COMPANY, INC. 0.11% of their portfolio | 89.7k $6.5m | Reduced -35 |
| Public Sector Pension Investment Board 0.03% of their portfolio | 89.7k $6.5m | Added +6.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 85.5k $6.2m | Reduced -13.8k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 77.9k $5.6m | Added +17.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 76.7k $5.5m | Added +3.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 73.6k $5.3m | Reduced -15.6k |
| Legal & General Group Plc 0.00% of their portfolio | 73.1k $5.3m | Reduced -2.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 71.4k $5.1m | Added +25.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 67.4k $4.9m | Added +47.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 64.5k $4.7m | Added +60.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 59.5k $4.3m | Added +10 |
| Sterling Capital Management LLC 0.06% of their portfolio | 55.8k $4.0m | Added +508 |
| BARCLAYS PLC 0.00% of their portfolio | 54.4k $3.9m | Added +13.6k |
| Bridge City Capital, LLC 1.08% of their portfolio | 53.6k $3.9m | Added +6.4k |
| Swiss National Bank 0.00% of their portfolio | 50.9k $3.7m | Reduced -1.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.09% of their portfolio | 48.6k $3.5m | Added +2.7k |
| SEIZERT CAPITAL PARTNERS, LLC 0.15% of their portfolio | 46.8k $3.4m | Added +1.0k |
| Man Group plc 0.01% of their portfolio | 46.8k $3.4m | Added +11.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.3k $3.3m | Added +2.2k |
| CHATHAM CAPITAL GROUP, INC. 0.48% of their portfolio | 43.9k $3.2m | Reduced -250 |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 41.4k $3.0m | Added +14.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 37.9k $2.7m | Reduced -65.4k |
| CAMPBELL NEWMAN ASSET MANAGEMENT INC 0.20% of their portfolio | 34.1k $2.5m | Added +2.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 32.9k $2.4m | Reduced -17 |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 31.9k $2.3m | Added +266 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 31.9k $2.3m | Added +978 |
| COMERICA BANK 0.01% of their portfolio | 31.5k $2.3m | Added +2.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 31.4k $2.3m | Reduced -32.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 31.2k $2.2m | Reduced -1.1k |
| Polaris Capital Management, LLC 0.15% of their portfolio | 30.6k $2.2m | Added +3.0k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 29.7k $2.1m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 29.0k $2.1m | Reduced -958 |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 28.6k $2.1m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 27.6k $2.0m | Added +1.8k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 26.8k $1.9m | Reduced -5.0k |
| LPL Financial LLC 0.00% of their portfolio | 26.5k $1.9m | Added +426 |
| Lumbard & Kellner, LLC 0.78% of their portfolio | 25.0k $1.8m | Reduced -4.4k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 24.9k $1.8m | Added +6.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 24.8k $1.8m | Added +384 |
| DARK FOREST CAPITAL MANAGEMENT LP 0.07% of their portfolio | 24.7k $1.8m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.03% of their portfolio | 24.4k $1.8m | Added +1.4k |
| CITIGROUP INC 0.00% of their portfolio | 24.0k $1.7m | Reduced -17.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 21.9k $1.6m | New |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.08% of their portfolio | 21.9k $1.6m | Added +503 |
| ASSETMARK, INC 0.00% of their portfolio | 20.8k $1.5m | Added +3.8k |
| ARGENT CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 20.6k $1.5m | Added +1.1k |
| AlphaQuest LLC 0.14% of their portfolio | 19.8k $1.4m | Added +14.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 19.5k $1.4m | Reduced -433 |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 19.4k $1.4m | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 19.4k $1.4m | Added +21 |
| GSA CAPITAL PARTNERS LLP 0.10% of their portfolio | 19.0k $1.4m | New |
| Inspire Investing, LLC 0.15% of their portfolio | 18.8k $1.4m | Added +12.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 18.4k $1.3m | Added +10.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 18.3k $1.3m | Reduced -89.6k |
| Squarepoint Ops LLC 0.00% of their portfolio | 17.7k $1.3m | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 17.2k $1.2m | Added +60 |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 16.8k $1.2m | Added +966 |
| Gotham Asset Management, LLC 0.01% of their portfolio | 16.7k $1.2m | Added +7.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 16.2k $1.2m | Added +1.3k |