eGain
EGAN
62 hedge funds and large institutions have $132M invested in eGain in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 5 closing their positions.
796% more capital inflows, than outflows
Capital inflows: $20.1M | Capital outflows: $2.25M
480% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 5
280% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 5
63% more funds holding
Funds holding: 38 → 62 (+24)
9.56% more ownership
Funds ownership: 51.38% → 60.94% (+9.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.12M |
| 2 |
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.2M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.16M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.12M |
| 5 |
Millennium Management
New York
|
+$968K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
-$833K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$595K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$301K |
| 4 |
JP Morgan Chase
New York
|
-$206K |
| 5 |
VF
Virtu Financial
New York
|
-$129K |
EGAN Hedge Fund Activity: Q1 2018 in Review
62 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2018, worth a combined $132M — up 80% from $73.5M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EGAN positions and 5 closed out — a net gain of 24 holders — while 19 added to existing stakes and 5 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $3.12M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $833K sold.
- 62 institutional investors held eGain (EGAN) as of Q1 2018, up from 38 in Q4 2017.
- Funds reported $132M of eGain stock for Q1 2018, up 80% quarter-over-quarter.
- 29 funds opened new eGain positions in Q1 2018 and 5 closed out, a net change of +24 holders.
- The largest eGain buyer in Q1 2018 was Renaissance Technologies, an estimated $3.12M added.
- The largest eGain seller in Q1 2018 was Laurion Capital Management, an estimated $833K sold.
Based on aggregated 13F filings for Q1 2018.