eGain
EGAN
26 hedge funds and large institutions have $19.2M invested in eGain in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 5 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7.16% more ownership
Funds ownership: 41.65% → 48.81% (+7.2%)
7% less funds holding
Funds holding: 28 → 26 (-2)
26% less capital invested
Capital invested by funds: $25.8M → $19.2M (-$6.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$4.01M |
| 2 |
BlackRock
New York
|
+$109K |
| 3 |
Renaissance Technologies
New York
|
+$62.4K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$24.8K |
| 5 |
Morgan Stanley
New York
|
+$22.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$237K |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$83K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$20K |
| 4 |
SIM
Spark Investment Management
New York
|
-$9.06K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3K |
EGAN Hedge Fund Activity: Q1 2017 in Review
26 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2017, worth a combined $19.2M — down 26% from $25.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EGAN positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Oaktop Capital Management II, opening a new position worth an estimated $4.01M. The largest seller was Potrero Capital Research, exiting entirely with an estimated $237K sold.
- 26 institutional investors held eGain (EGAN) as of Q1 2017, down from 28 in Q4 2016.
- Funds reported $19.2M of eGain stock for Q1 2017, down 26% quarter-over-quarter.
- 7 funds opened new eGain positions in Q1 2017 and 5 closed out, a net change of +2 holders.
- The largest eGain buyer in Q1 2017 was Oaktop Capital Management II, an estimated $4.01M added.
- The largest eGain seller in Q1 2017 was Potrero Capital Research, an estimated $237K sold.
Based on aggregated 13F filings for Q1 2017.