eGain
EGAN
89 hedge funds and large institutions have $292M invested in eGain in 2018 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 10 closing their positions.
270% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 10
121% more capital invested
Capital invested by funds: $132M → $292M (+$160M)
44% more funds holding
Funds holding: 62 → 89 (+27)
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
9.44% more ownership
Funds ownership: 60.94% → 70.38% (+9.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
72% less call options, than puts
Call options by funds: $354K | Put options by funds: $1.25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.9M |
| 2 |
Renaissance Technologies
New York
|
+$6.44M |
| 3 |
Man Group
London,
United Kingdom
|
+$3.63M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.95M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.75M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.39M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.32M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$724K |
| 5 |
Goldman Sachs
New York
|
-$715K |
EGAN Hedge Fund Activity: Q2 2018 in Review
89 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2018, worth a combined $292M — up 121% from $132M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new EGAN positions and 10 closed out — a net gain of 27 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $10.9M. The largest seller was Millennium Management, exiting entirely with an estimated $1.75M sold.
- 89 institutional investors held eGain (EGAN) as of Q2 2018, up from 62 in Q1 2018.
- Funds reported $292M of eGain stock for Q2 2018, up 121% quarter-over-quarter.
- 37 funds opened new eGain positions in Q2 2018 and 10 closed out, a net change of +27 holders.
- The largest eGain buyer in Q2 2018 was BlackRock, an estimated $10.9M added.
- The largest eGain seller in Q2 2018 was Millennium Management, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2018.