eGain
EGAN
42 hedge funds and large institutions have $59M invested in eGain in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 29 closing their positions.
1,357% more call options, than puts
Call options by funds: $102K | Put options by funds: $7K
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
18% less capital invested
Capital invested by funds: $71.5M → $59M (-$12.6M)
33% less funds holding
Funds holding: 63 → 42 (-21)
72% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
+$2.31M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.27M |
| 3 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$1.78M |
| 4 |
AWMDMG
Austin W. Marxe & David M. Greenhouse
New York
|
+$1.11M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$3.35M |
| 2 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$2.95M |
| 3 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$2.67M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.24M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.14M |
EGAN Hedge Fund Activity: Q2 2014 in Review
42 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2014, worth a combined $59M — down 18% from $71.5M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of EGAN and 8 opened new positions — a net loss of 21 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Cadian Capital Management, adding an estimated $2.31M. The largest seller was Oberweis Asset Management, cutting an estimated $3.35M.
- 42 institutional investors held eGain (EGAN) as of Q2 2014, down from 63 in Q1 2014.
- Funds reported $59M of eGain stock for Q2 2014, down 18% quarter-over-quarter.
- 8 funds opened new eGain positions in Q2 2014 and 29 closed out, a net change of -21 holders.
- The largest eGain buyer in Q2 2014 was Cadian Capital Management, an estimated $2.31M added.
- The largest eGain seller in Q2 2014 was Oberweis Asset Management, an estimated $3.35M sold.
Based on aggregated 13F filings for Q2 2014.