eGain
EGAN
90 hedge funds and large institutions have $196M invested in eGain in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 16 closing their positions.
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
0.07% less ownership
Funds ownership: 79.5% → 79.42% (-0.07%)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
3% less funds holding
Funds holding: 93 → 90 (-3)
17% less call options, than puts
Call options by funds: $448K | Put options by funds: $539K
21% less capital invested
Capital invested by funds: $249M → $196M (-$52.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$2.64M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.42M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$2.32M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$1.57M |
| 5 |
BlackRock
New York
|
+$1.28M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.19M |
| 2 |
Millennium Management
New York
|
-$1.52M |
| 3 |
GIPM
G2 Investment Partners Management
New York
|
-$1.5M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.4M |
| 5 |
Renaissance Technologies
New York
|
-$1.34M |
EGAN Hedge Fund Activity: Q2 2019 in Review
90 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2019, worth a combined $196M — down 21% from $249M a quarter earlier.
Fund positioning in EGAN was balanced in Q2 2019: 16 funds opened new positions, 16 closed out, 30 added to existing stakes and 31 trimmed.
The largest buyer was PenderFund Capital Management, adding an estimated $2.64M. The largest seller was Invesco, cutting an estimated $2.19M.
- 90 institutional investors held eGain (EGAN) as of Q2 2019, down from 93 in Q1 2019.
- Funds reported $196M of eGain stock for Q2 2019, down 21% quarter-over-quarter.
- 16 funds opened new eGain positions in Q2 2019 and 16 closed out, a net change of 0 holders.
- The largest eGain buyer in Q2 2019 was PenderFund Capital Management, an estimated $2.64M added.
- The largest eGain seller in Q2 2019 was Invesco, an estimated $2.19M sold.
Based on aggregated 13F filings for Q2 2019.