eGain
EGAN
112 hedge funds and large institutions have $195M invested in eGain in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 22 closing their positions.
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
29% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $1.05M
9% more funds holding
Funds holding: 103 → 112 (+9)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.36% more ownership
Funds ownership: 52.53% → 52.89% (+0.36%)
15% less capital invested
Capital invested by funds: $230M → $195M (-$35.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$6.16M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$4.07M |
| 3 |
Man Group
London,
United Kingdom
|
+$2.69M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$2.26M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.72M |
Top Sellers
| 1 |
Renaissance Technologies
New York
|
-$6.62M |
| 2 |
D.E. Shaw & Co
New York
|
-$3.43M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.12M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.11M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
126
MetLife Investment Management
Whippany,
New Jersey
| – | -$146K | -10,272 | Closed |
|
127
AllianceBernstein
Nashville,
Tennessee
| – | -$145K | -10,200 | Closed |
|
|
MLICM
128
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$98.3K | -6,934 | Closed |
|
|
AS
129
Altshuler Shaham
Tel Aviv,
Israel
| – | -$55K | -3,902 | Closed |
|
|
DWA
130
Dorsey Wright & Associates
Pasadena,
California
| – | -$11K | -767 | Closed |
|
|
PCM
131
Prelude Capital Management
New York
| – | -$7K | -500 | Closed |
|
|
AF
132
Advisornet Financial
Minnetonka,
Minnesota
| – | -$1K | -40 | Closed |
|
|
EI
133
Ellevest Inc
New York
| – | +$325 | +23 | New |
|
EGAN Hedge Fund Activity: Q4 2020 in Review
112 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2020, worth a combined $195M — down 15% from $230M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new EGAN positions and 22 closed out — a net gain of 10 holders — while 34 added to existing stakes and 33 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $6.16M. The largest seller was Renaissance Technologies, cutting an estimated $6.62M.
- 112 institutional investors held eGain (EGAN) as of Q4 2020, up from 103 in Q3 2020.
- Funds reported $195M of eGain stock for Q4 2020, down 15% quarter-over-quarter.
- 32 funds opened new eGain positions in Q4 2020 and 22 closed out, a net change of +10 holders.
- The largest eGain buyer in Q4 2020 was JP Morgan Chase, an estimated $6.16M added.
- The largest eGain seller in Q4 2020 was Renaissance Technologies, an estimated $6.62M sold.
Based on aggregated 13F filings for Q4 2020.