eGain
EGAN
80 hedge funds and large institutions have $133M invested in eGain in 2013 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 33 increasing their positions, 15 reducing their positions, and 7 closing their positions.
300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 7
120% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 15
88% more capital invested
Capital invested by funds: $70.6M → $133M (+$62.1M)
36% more funds holding
Funds holding: 59 → 80 (+21)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
89% less call options, than puts
Call options by funds: $141K | Put options by funds: $1.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$7.1M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
+$5.79M |
| 3 |
Renaissance Technologies
New York
|
+$4.05M |
| 4 |
PCP
Perimeter Capital Partners
Atlanta,
Georgia
|
+$3.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$12.1M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$8.71M |
| 3 |
ICM
Invicta Capital Management
New York
|
-$5.7M |
| 4 |
SST
S Squared Technology
New York
|
-$2.9M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$850K |
EGAN Hedge Fund Activity: Q3 2013 in Review
80 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2013, worth a combined $133M — up 88% from $70.6M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new EGAN positions and 7 closed out — a net gain of 21 holders — while 33 added to existing stakes and 15 trimmed.
The largest buyer was Next Century Growth Investors, adding an estimated $7.1M. The largest seller was Osmium Partners, cutting an estimated $12.1M.
- 80 institutional investors held eGain (EGAN) as of Q3 2013, up from 59 in Q2 2013.
- Funds reported $133M of eGain stock for Q3 2013, up 88% quarter-over-quarter.
- 28 funds opened new eGain positions in Q3 2013 and 7 closed out, a net change of +21 holders.
- The largest eGain buyer in Q3 2013 was Next Century Growth Investors, an estimated $7.1M added.
- The largest eGain seller in Q3 2013 was Osmium Partners, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2013.