eGain
EGAN
24 hedge funds and large institutions have $37.7M invested in eGain in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
76% more capital invested
Capital invested by funds: $21.5M → $37.7M (+$16.2M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 23 → 24 (+1)
3.32% more ownership
Funds ownership: 47.99% → 51.31% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$974K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$746K |
| 3 |
Renaissance Technologies
New York
|
+$227K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$225K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
-$323K |
| 2 |
Goldman Sachs
New York
|
-$55K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$54K |
| 4 |
Morgan Stanley
New York
|
-$13.6K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3K |
EGAN Hedge Fund Activity: Q3 2017 in Review
24 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2017, worth a combined $37.7M — up 76% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EGAN positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Oaktop Capital Management II, adding an estimated $974K. The largest seller was VIEX Capital Advisors, exiting entirely with an estimated $323K sold.
- 24 institutional investors held eGain (EGAN) as of Q3 2017, up from 23 in Q2 2017.
- Funds reported $37.7M of eGain stock for Q3 2017, up 76% quarter-over-quarter.
- 6 funds opened new eGain positions in Q3 2017 and 5 closed out, a net change of +1 holder.
- The largest eGain buyer in Q3 2017 was Oaktop Capital Management II, an estimated $974K added.
- The largest eGain seller in Q3 2017 was VIEX Capital Advisors, an estimated $323K sold.
Based on aggregated 13F filings for Q3 2017.