eGain
EGAN
70 hedge funds and large institutions have $117M invested in eGain in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 13 closing their positions.
7,133% more call options, than puts
Call options by funds: $217K | Put options by funds: $3K
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
9% less funds holding
Funds holding: 77 → 70 (-7)
27.05% less ownership
Funds ownership: 74.28% → 47.23% (-27%)
35% less capital invested
Capital invested by funds: $181M → $117M (-$64.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.9M |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$2.42M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.44M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$741K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$697K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$66.3M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$3.17M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.78M |
| 4 |
Millennium Management
New York
|
-$1.75M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$90K | -11,277 | Closed |
|
|
PPA
77
Parametric Portfolio Associates
Seattle,
Washington
| – | -$86K | -10,720 | Closed |
|
|
CCM
78
Cadence Capital Management
Boston,
Massachusetts
| – | -$86K | -10,692 | Closed |
|
79
Victory Capital Management
San Antonio,
Texas
| – | -$30K | -3,767 | Closed |
|
|
QT
80
Quantamental Technologies
White Plains,
New York
| – | -$27K | -3,311 | Closed |
|
81
Simplex Trading
Chicago,
Illinois
| – | -$13.8K | -1,787 | Closed |
|
|
CFGS
82
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$2.18K | -282 | Closed |
|
EGAN Hedge Fund Activity: Q4 2019 in Review
70 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2019, worth a combined $117M — down 35% from $181M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EGAN and 6 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 27 added.
The largest buyer was Vanguard Group, adding an estimated $3.9M. The largest seller was Bank of Montreal, cutting an estimated $66.3M.
- 70 institutional investors held eGain (EGAN) as of Q4 2019, down from 77 in Q3 2019.
- Funds reported $117M of eGain stock for Q4 2019, down 35% quarter-over-quarter.
- 6 funds opened new eGain positions in Q4 2019 and 13 closed out, a net change of -7 holders.
- The largest eGain buyer in Q4 2019 was Vanguard Group, an estimated $3.9M added.
- The largest eGain seller in Q4 2019 was Bank of Montreal, an estimated $66.3M sold.
Based on aggregated 13F filings for Q4 2019.