eGain
EGAN
103 hedge funds and large institutions have $230M invested in eGain in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
21% more capital invested
Capital invested by funds: $190M → $230M (+$39.4M)
6% more funds holding
Funds holding: 97 → 103 (+6)
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
2.06% less ownership
Funds ownership: 54.59% → 52.53% (-2.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
97% less call options, than puts
Call options by funds: $14K | Put options by funds: $440K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.57M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.34M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.24M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.1M |
| 5 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$9.08M |
| 2 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.8M |
| 3 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
-$1.64M |
| 4 |
JP Morgan Chase
New York
|
-$1.52M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.42M |
EGAN Hedge Fund Activity: Q3 2020 in Review
103 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2020, worth a combined $230M — up 21% from $190M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EGAN positions and 12 closed out — a net gain of 6 holders — while 35 added to existing stakes and 35 trimmed.
The largest buyer was Hillsdale Investment Management, opening a new position worth an estimated $2.57M. The largest seller was PenderFund Capital Management, cutting an estimated $9.08M.
- 103 institutional investors held eGain (EGAN) as of Q3 2020, up from 97 in Q2 2020.
- Funds reported $230M of eGain stock for Q3 2020, up 21% quarter-over-quarter.
- 18 funds opened new eGain positions in Q3 2020 and 12 closed out, a net change of +6 holders.
- The largest eGain buyer in Q3 2020 was Hillsdale Investment Management, an estimated $2.57M added.
- The largest eGain seller in Q3 2020 was PenderFund Capital Management, an estimated $9.08M sold.
Based on aggregated 13F filings for Q3 2020.