eGain
EGAN
28 hedge funds and large institutions have $25.8M invested in eGain in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 8 closing their positions.
41.65% more ownership
Funds ownership: 0% → 41.65% (+42%)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
10% less funds holding
Funds holding: 31 → 28 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
43% less capital invested
Capital invested by funds: $45.2M → $25.8M (-$19.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$101K |
| 2 |
Renaissance Technologies
New York
|
+$67.2K |
| 3 |
SIM
Spark Investment Management
New York
|
+$63.7K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$47K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$29.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
-$6.29M |
| 2 |
DGI
Discovery Group I
Chicago,
Illinois
|
-$3.11M |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$601K |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$376K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$123K |
EGAN Hedge Fund Activity: Q4 2016 in Review
28 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2016, worth a combined $25.8M — down 43% from $45.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EGAN and 5 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Essex Investment Management, opening a new position worth an estimated $101K. The largest seller was Oaktop Capital Management II, exiting entirely with an estimated $6.29M sold.
- 28 institutional investors held eGain (EGAN) as of Q4 2016, down from 31 in Q3 2016.
- Funds reported $25.8M of eGain stock for Q4 2016, down 43% quarter-over-quarter.
- 5 funds opened new eGain positions in Q4 2016 and 8 closed out, a net change of -3 holders.
- The largest eGain buyer in Q4 2016 was Essex Investment Management, an estimated $101K added.
- The largest eGain seller in Q4 2016 was Oaktop Capital Management II, an estimated $6.29M sold.
Based on aggregated 13F filings for Q4 2016.