eGain
EGAN
30 hedge funds and large institutions have $53.2M invested in eGain in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
7% more funds holding
Funds holding: 28 → 30 (+2)
17% less capital invested
Capital invested by funds: $64.2M → $53.2M (-$11.1M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$542K |
| 2 |
Goldman Sachs
New York
|
+$51.1K |
| 3 |
Renaissance Technologies
New York
|
+$20.9K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.61K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$647K |
| 2 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$76K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$12.6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.49K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.81K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $1K | -$1.15K | -303 | -56% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
28
Geode Capital Management
Boston,
Massachusetts
| $233 | -$493 | -130 | -0.2% |
|
|
BOTOTLSJU
29
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
| – | -$76K | -17,745 | Closed |
|
EGAN Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2016, worth a combined $53.2M — down 17% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EGAN positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Nokomis Capital, adding an estimated $542K. The largest seller was Potrero Capital Research, cutting an estimated $647K.
- 30 institutional investors held eGain (EGAN) as of Q1 2016, up from 28 in Q4 2015.
- Funds reported $53.2M of eGain stock for Q1 2016, down 17% quarter-over-quarter.
- 4 funds opened new eGain positions in Q1 2016 and 1 closed out, a net change of +3 holders.
- The largest eGain buyer in Q1 2016 was Nokomis Capital, an estimated $542K added.
- The largest eGain seller in Q1 2016 was Potrero Capital Research, an estimated $647K sold.
Based on aggregated 13F filings for Q1 2016.