eGain
EGAN
63 hedge funds and large institutions have $71.5M invested in eGain in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 13 closing their positions.
733% more call options, than puts
Call options by funds: $250K | Put options by funds: $30K
6% less funds holding
Funds holding: 67 → 63 (-4)
21% less capital invested
Capital invested by funds: $90.4M → $71.5M (-$18.9M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
35% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$6.67M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$6.1M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$5.33M |
| 4 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$4.67M |
| 5 |
ICM
Invicta Capital Management
New York
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$8.47M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$4.25M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
-$4.19M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.34M |
| 5 |
Renaissance Technologies
New York
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AllianceBernstein
Nashville,
Tennessee
| – | -$1.81K | -200 | -83% |
|
EGAN Hedge Fund Activity: Q1 2014 in Review
63 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2014, worth a combined $71.5M — down 21% from $90.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EGAN and 9 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 17 added.
The largest buyer was THB Asset Management, opening a new position worth an estimated $6.67M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $8.47M sold.
- 63 institutional investors held eGain (EGAN) as of Q1 2014, down from 67 in Q4 2013.
- Funds reported $71.5M of eGain stock for Q1 2014, down 21% quarter-over-quarter.
- 9 funds opened new eGain positions in Q1 2014 and 13 closed out, a net change of -4 holders.
- The largest eGain buyer in Q1 2014 was THB Asset Management, an estimated $6.67M added.
- The largest eGain seller in Q1 2014 was Next Century Growth Investors, an estimated $8.47M sold.
Based on aggregated 13F filings for Q1 2014.