eGain
EGAN
26 hedge funds and large institutions have $23.8M invested in eGain in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 25 → 26 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $24.9M → $23.8M (-$1.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
BP
London,
United Kingdom
|
+$1.16M |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$297K |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
+$155K |
| 4 |
MRM
Michael R. Murphy
|
+$97.6K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$81.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$4.31M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$2.95M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$513K |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$237K |
| 5 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1 | – | – | – |
|
|
ACM
27
Archon Capital Management
Seattle,
Washington
| – | -$4.31M | -1,304,814 | Closed |
|
|
CCM
28
Cadian Capital Management
New York
| – | -$2.95M | -893,459 | Closed |
|
|
ICM
29
Invicta Capital Management
New York
| – | -$2.62M | -793,400 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$1K | -181 | Closed |
|
EGAN Hedge Fund Activity: Q2 2015 in Review
26 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2015, worth a combined $23.8M — down 4.3% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EGAN positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.
The largest buyer was BP, opening a new position worth an estimated $1.16M. The largest seller was Archon Capital Management, exiting entirely with an estimated $4.31M sold.
- 26 institutional investors held eGain (EGAN) as of Q2 2015, up from 25 in Q1 2015.
- Funds reported $23.8M of eGain stock for Q2 2015, down 4.3% quarter-over-quarter.
- 6 funds opened new eGain positions in Q2 2015 and 5 closed out, a net change of +1 holder.
- The largest eGain buyer in Q2 2015 was BP, an estimated $1.16M added.
- The largest eGain seller in Q2 2015 was Archon Capital Management, an estimated $4.31M sold.
Based on aggregated 13F filings for Q2 2015.