eGain
EGAN
34 hedge funds and large institutions have $52M invested in eGain in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 11 closing their positions.
12% less capital invested
Capital invested by funds: $59M → $52M (-$6.94M)
19% less funds holding
Funds holding: 42 → 34 (-8)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$4.13M |
| 2 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$1.58M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.23M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$304K |
| 5 |
AWMDMG
Austin W. Marxe & David M. Greenhouse
New York
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invicta Capital Management
New York
|
-$2.23M |
| 2 |
GP
Grow Partners
San Diego,
California
|
-$1.11M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$720K |
| 4 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$712K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$576K |
EGAN Hedge Fund Activity: Q3 2014 in Review
34 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2014, worth a combined $52M — down 12% from $59M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EGAN and 3 opened new positions — a net loss of 8 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was Phocas Financial Corp, opening a new position worth an estimated $4.13M. The largest seller was Invicta Capital Management, cutting an estimated $2.23M.
- 34 institutional investors held eGain (EGAN) as of Q3 2014, down from 42 in Q2 2014.
- Funds reported $52M of eGain stock for Q3 2014, down 12% quarter-over-quarter.
- 3 funds opened new eGain positions in Q3 2014 and 11 closed out, a net change of -8 holders.
- The largest eGain buyer in Q3 2014 was Phocas Financial Corp, an estimated $4.13M added.
- The largest eGain seller in Q3 2014 was Invicta Capital Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2014.