eGain
EGAN
67 hedge funds and large institutions have $90.4M invested in eGain in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 23 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
16% less funds holding
Funds holding: 80 → 67 (-13)
32% less capital invested
Capital invested by funds: $133M → $90.4M (-$42.1M)
44% less call options, than puts
Call options by funds: $418K | Put options by funds: $744K
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$6.87M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$2.97M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$2.29M |
| 4 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$2.01M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$3.89M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.76M |
| 3 |
Renaissance Technologies
New York
|
-$2.69M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.59M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.56M |
EGAN Hedge Fund Activity: Q4 2013 in Review
67 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2013, worth a combined $90.4M — down 32% from $133M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EGAN and 10 opened new positions — a net loss of 13 holders — while 25 trimmed existing stakes and 26 added.
The largest buyer was Archon Capital Management, adding an estimated $6.87M. The largest seller was EAM Investors, exiting entirely with an estimated $3.89M sold.
- 67 institutional investors held eGain (EGAN) as of Q4 2013, down from 80 in Q3 2013.
- Funds reported $90.4M of eGain stock for Q4 2013, down 32% quarter-over-quarter.
- 10 funds opened new eGain positions in Q4 2013 and 23 closed out, a net change of -13 holders.
- The largest eGain buyer in Q4 2013 was Archon Capital Management, an estimated $6.87M added.
- The largest eGain seller in Q4 2013 was EAM Investors, an estimated $3.89M sold.
Based on aggregated 13F filings for Q4 2013.