eGain
EGAN
23 hedge funds and large institutions have $21.5M invested in eGain in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 5 closing their positions.
12% more capital invested
Capital invested by funds: $19.2M → $21.5M (+$2.31M)
0.82% less ownership
Funds ownership: 48.81% → 47.99% (-0.82%)
12% less funds holding
Funds holding: 26 → 23 (-3)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$306K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$29.5K |
| 3 |
Renaissance Technologies
New York
|
+$27.4K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.91K |
| 5 |
BlackRock
New York
|
+$3.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$285K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$280K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$58K |
| 4 |
Goldman Sachs
New York
|
-$25.1K |
| 5 |
SIM
Spark Investment Management
New York
|
-$24.2K |
EGAN Hedge Fund Activity: Q2 2017 in Review
23 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2017, worth a combined $21.5M — up 12% from $19.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EGAN and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was VIEX Capital Advisors, opening a new position worth an estimated $306K. The largest seller was Vanguard Group, cutting an estimated $285K.
- 23 institutional investors held eGain (EGAN) as of Q2 2017, down from 26 in Q1 2017.
- Funds reported $21.5M of eGain stock for Q2 2017, up 12% quarter-over-quarter.
- 2 funds opened new eGain positions in Q2 2017 and 5 closed out, a net change of -3 holders.
- The largest eGain buyer in Q2 2017 was VIEX Capital Advisors, an estimated $306K added.
- The largest eGain seller in Q2 2017 was Vanguard Group, an estimated $285K sold.
Based on aggregated 13F filings for Q2 2017.