eGain
EGAN
93 hedge funds and large institutions have $249M invested in eGain in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 17 increasing their positions, 28 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
206% more call options, than puts
Call options by funds: $729K | Put options by funds: $238K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
74% more capital invested
Capital invested by funds: $143M → $249M (+$105M)
31% more funds holding
Funds holding: 71 → 93 (+22)
1.92% more ownership
Funds ownership: 77.58% → 79.5% (+1.9%)
39% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$4.69M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.12M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$3.08M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$2.82M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$2.09M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.66M |
| 4 |
Man Group
London,
United Kingdom
|
-$1.25M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.21M |
EGAN Hedge Fund Activity: Q1 2019 in Review
93 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2019, worth a combined $249M — up 74% from $143M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new EGAN positions and 11 closed out — a net gain of 23 holders — while 17 added to existing stakes and 28 trimmed.
The largest buyer was Venator Capital Management, opening a new position worth an estimated $4.69M. The largest seller was PenderFund Capital Management, cutting an estimated $2.82M.
- 93 institutional investors held eGain (EGAN) as of Q1 2019, up from 71 in Q4 2018.
- Funds reported $249M of eGain stock for Q1 2019, up 74% quarter-over-quarter.
- 34 funds opened new eGain positions in Q1 2019 and 11 closed out, a net change of +23 holders.
- The largest eGain buyer in Q1 2019 was Venator Capital Management, an estimated $4.69M added.
- The largest eGain seller in Q1 2019 was PenderFund Capital Management, an estimated $2.82M sold.
Based on aggregated 13F filings for Q1 2019.