eGain
EGAN
88 hedge funds and large institutions have $170M invested in eGain in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 26 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
5.21% more ownership
Funds ownership: 70.38% → 75.59% (+5.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
1% less funds holding
Funds holding: 89 → 88 (-1)
28% less call options, than puts
Call options by funds: $742K | Put options by funds: $1.04M
42% less capital invested
Capital invested by funds: $292M → $170M (-$122M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.72M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.75M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$3.47M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.44M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.95M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.48M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$2.39M |
| 5 |
AG
Algert Global
San Francisco,
California
|
-$2.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
101
Virtu Financial
New York
| – | -$190K | -12,615 | Closed |
|
|
RQS
102
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$181K | -12,012 | Closed |
|
|
EMG
103
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$178K | -11,800 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$162K | -10,744 | Closed |
|
105
Citadel Advisors
Miami,
Florida
| – | -$155K | -10,295 | Closed |
|
|
TDC
106
Thompson Davis & Co
Richmond,
Virginia
| – | -$151K | -10,000 | Closed |
|
|
PCM
107
Prelude Capital Management
New York
| – | -$34K | -2,271 | Closed |
|
|
GT
108
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$15K | -1,000 | Closed |
|
109
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$14K | -916 | Closed |
|
110
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$8K | -500 | Closed |
|
|
PIA
111
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$5K | -307 | Closed |
|
|
GWS
112
Glassman Wealth Services
Vienna,
Virginia
| – | -$1K | -45 | Closed |
|
|
CG
113
Cutler Group
San Francisco,
California
| – | +$1.26K | +100 | New |
|
EGAN Hedge Fund Activity: Q3 2018 in Review
88 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2018, worth a combined $170M — down 42% from $292M a quarter earlier.
Fund positioning in EGAN was balanced in Q3 2018: 26 funds opened new positions, 26 closed out, 25 added to existing stakes and 21 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $12.5M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $3.44M sold.
- 88 institutional investors held eGain (EGAN) as of Q3 2018, down from 89 in Q2 2018.
- Funds reported $170M of eGain stock for Q3 2018, down 42% quarter-over-quarter.
- 26 funds opened new eGain positions in Q3 2018 and 26 closed out, a net change of 0 holders.
- The largest eGain buyer in Q3 2018 was AQR Capital Management, an estimated $12.5M added.
- The largest eGain seller in Q3 2018 was Oxford Asset Management, an estimated $3.44M sold.
Based on aggregated 13F filings for Q3 2018.