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63 hedge funds and large institutions have $71.5M invested in eGain in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

733% more call options, than puts

Call options by funds: $250K | Put options by funds: $30K

6% less funds holding

Funds holding: 6763 (-4)

21% less capital invested

Capital invested by funds: $90.4M → $71.5M (-$18.9M)

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

35% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 26

Holders
63
Holders Change
-4
Holders Change %
-5.97%
% of All Funds
1.82%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
17
Reduced
26
Closed
13
Calls
$250K
Puts
$30K
Net Calls
+$220K
Net Calls Change
+$546K
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Archon Capital Management
Washington
$10.5M +$6.1M +674,597 +83%
ICM
2
Invicta Capital Management
New York
$8.82M +$4.47M +494,900 +66%
OCMI
3
Oaktop Capital Management II
New Jersey
$6.41M +$4.67M +516,742 +132%
TAM
4
THB Asset Management
Connecticut
$5.21M +$6.67M +738,080 New
OAM
5
Oberweis Asset Management
Illinois
$4.97M +$1.19M +131,900 +23%
CCM
6
Cadian Capital Management
New York
$4.16M +$5.33M +589,487 New
GP
7
Grow Partners
California
$3.23M
Fidelity Investments
8
Fidelity Investments
Massachusetts
$2.99M +$1.26M +139,900 +49%
CPIM
9
Columbia Partners Investment Management
Virginia
$2.95M -$939K -103,815 -20%
Vanguard Group
10
Vanguard Group
Pennsylvania
$2.7M +$679K +75,107 +24%
Ohio Public Employees Retirement System (OPERS)
11
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.67M +$904K +100,000 +36%
BFA
12
BlackRock Fund Advisors
California
$2.59M +$96.8K +10,707 +3%
BIT
13
BlackRock Institutional Trust
California
$2.24M +$1.74M +192,530 +155%
Verition Fund Management
14
Verition Fund Management
Connecticut
$1.37M +$1.76M +194,420 New
Northern Trust
15
Northern Trust
Illinois
$1.26M -$103K -11,385 -6%
State Street
16
State Street
Massachusetts
$1.21M +$14.3K +1,580 +0.9%
PCP
17
Perimeter Capital Partners
Georgia
$724K -$125K -13,854 -12%
TCIM
18
TIAA CREF Investment Management
New York
$703K -$116K -12,862 -11%
CCM
19
Cadence Capital Management
Massachusetts
$476K -$412K -45,538 -40%
BCM
20
Bridgeway Capital Management
Texas
$417K +$415K +45,900 +348%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$408K -$252K -27,829 -32%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$402K -$5.12K -566 -1%
GIPM
23
G2 Investment Partners Management
New York
$391K -$567K -62,663 -53%
AQR Capital Management
24
AQR Capital Management
Connecticut
$349K +$1.81K +200 +0.4%
TMC
25
Trellus Management Company
Florida
$346K +$443K +49,000 New

EGAN Hedge Fund Activity: Q1 2014 in Review

63 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2014, worth a combined $71.5M — down 21% from $90.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of EGAN and 9 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 17 added.

The largest buyer was THB Asset Management, opening a new position worth an estimated $6.67M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $8.47M sold.

  • 63 institutional investors held eGain (EGAN) as of Q1 2014, down from 67 in Q4 2013.
  • Funds reported $71.5M of eGain stock for Q1 2014, down 21% quarter-over-quarter.
  • 9 funds opened new eGain positions in Q1 2014 and 13 closed out, a net change of -4 holders.
  • The largest eGain buyer in Q1 2014 was THB Asset Management, an estimated $6.67M added.
  • The largest eGain seller in Q1 2014 was Next Century Growth Investors, an estimated $8.47M sold.

Based on aggregated 13F filings for Q1 2014.