eGain
EGAN
30 hedge funds and large institutions have $39.6M invested in eGain in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.
12% less funds holding
Funds holding: 34 → 30 (-4)
24% less capital invested
Capital invested by funds: $52M → $39.6M (-$12.4M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$2.33M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$339K |
| 3 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$120K |
| 4 |
Millennium Management
New York
|
+$16.1K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$3.83M |
| 2 |
GP
Grow Partners
San Diego,
California
|
-$1.72M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$1.15M |
| 4 |
ICM
Invicta Capital Management
New York
|
-$361K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$233K |
EGAN Hedge Fund Activity: Q4 2014 in Review
30 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2014, worth a combined $39.6M — down 24% from $52M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EGAN and 3 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Oaktop Capital Management II, adding an estimated $2.33M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $3.83M sold.
- 30 institutional investors held eGain (EGAN) as of Q4 2014, down from 34 in Q3 2014.
- Funds reported $39.6M of eGain stock for Q4 2014, down 24% quarter-over-quarter.
- 3 funds opened new eGain positions in Q4 2014 and 5 closed out, a net change of -2 holders.
- The largest eGain buyer in Q4 2014 was Oaktop Capital Management II, an estimated $2.33M added.
- The largest eGain seller in Q4 2014 was Phocas Financial Corp, an estimated $3.83M sold.
Based on aggregated 13F filings for Q4 2014.