eGain
EGAN
77 hedge funds and large institutions have $181M invested in eGain in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
5.15% less ownership
Funds ownership: 79.42% → 74.28% (-5.1%)
8% less capital invested
Capital invested by funds: $196M → $181M (-$14.9M)
14% less funds holding
Funds holding: 90 → 77 (-13)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8K
Top Buyers
Top Sellers
| 1 |
PC
Polar Capital
London,
United Kingdom
|
-$2.02M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$1.05M |
| 4 |
SST
S Squared Technology
New York
|
-$1.03M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$941K |
EGAN Hedge Fund Activity: Q3 2019 in Review
77 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2019, worth a combined $181M — down 7.6% from $196M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of EGAN and 6 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 27 added.
The largest buyer was PenderFund Capital Management, adding an estimated $2.72M. The largest seller was Polar Capital, exiting entirely with an estimated $2.02M sold.
- 77 institutional investors held eGain (EGAN) as of Q3 2019, down from 90 in Q2 2019.
- Funds reported $181M of eGain stock for Q3 2019, down 7.6% quarter-over-quarter.
- 6 funds opened new eGain positions in Q3 2019 and 18 closed out, a net change of -12 holders.
- The largest eGain buyer in Q3 2019 was PenderFund Capital Management, an estimated $2.72M added.
- The largest eGain seller in Q3 2019 was Polar Capital, an estimated $2.02M sold.
Based on aggregated 13F filings for Q3 2019.