eGain
EGAN
71 hedge funds and large institutions have $143M invested in eGain in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 26 closing their positions.
15,600% more call options, than puts
Call options by funds: $314K | Put options by funds: $2K
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
1.99% more ownership
Funds ownership: 75.59% → 77.58% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less capital invested
Capital invested by funds: $170M → $143M (-$26.9M)
19% less funds holding
Funds holding: 88 → 71 (-17)
65% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$2.65M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.44M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.17M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.61M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$954K |
| 3 |
Man Group
London,
United Kingdom
|
-$525K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$503K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$494K |
EGAN Hedge Fund Activity: Q4 2018 in Review
71 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2018, worth a combined $143M — down 16% from $170M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EGAN and 9 opened new positions — a net loss of 17 holders — while 22 trimmed existing stakes and 25 added.
The largest buyer was G2 Investment Partners Management, opening a new position worth an estimated $2.65M. The largest seller was Renaissance Technologies, cutting an estimated $1.61M.
- 71 institutional investors held eGain (EGAN) as of Q4 2018, down from 88 in Q3 2018.
- Funds reported $143M of eGain stock for Q4 2018, down 16% quarter-over-quarter.
- 9 funds opened new eGain positions in Q4 2018 and 26 closed out, a net change of -17 holders.
- The largest eGain buyer in Q4 2018 was G2 Investment Partners Management, an estimated $2.65M added.
- The largest eGain seller in Q4 2018 was Renaissance Technologies, an estimated $1.61M sold.
Based on aggregated 13F filings for Q4 2018.