eGain
EGAN
22 hedge funds and large institutions have $22.5M invested in eGain in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
6% less capital invested
Capital invested by funds: $23.8M → $22.5M (-$1.34M)
15% less funds holding
Funds holding: 26 → 22 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRM
Michael R. Murphy
|
+$5.39M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
+$4.92M |
| 3 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$143K |
| 4 |
Renaissance Technologies
New York
|
+$103K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$18.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$6.32M |
| 2 |
B
BP
London,
United Kingdom
|
-$1.46M |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$376K |
| 4 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$204K |
| 5 |
Goldman Sachs
New York
|
-$87K |
EGAN Hedge Fund Activity: Q3 2015 in Review
22 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2015, worth a combined $22.5M — down 5.6% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EGAN and 2 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 9 added.
The largest buyer was Michael R. Murphy, adding an estimated $5.39M. The largest seller was THB Asset Management, exiting entirely with an estimated $6.32M sold.
- 22 institutional investors held eGain (EGAN) as of Q3 2015, down from 26 in Q2 2015.
- Funds reported $22.5M of eGain stock for Q3 2015, down 5.6% quarter-over-quarter.
- 2 funds opened new eGain positions in Q3 2015 and 6 closed out, a net change of -4 holders.
- The largest eGain buyer in Q3 2015 was Michael R. Murphy, an estimated $5.39M added.
- The largest eGain seller in Q3 2015 was THB Asset Management, an estimated $6.32M sold.
Based on aggregated 13F filings for Q3 2015.