eGain
EGAN
97 hedge funds and large institutions have $190M invested in eGain in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 40 increasing their positions, 19 reducing their positions, and 12 closing their positions.
150% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 12
111% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 19
64% more capital invested
Capital invested by funds: $116M → $190M (+$74M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more funds holding
Funds holding: 80 → 97 (+17)
4.4% more ownership
Funds ownership: 50.19% → 54.59% (+4.4%)
67% less call options, than puts
Call options by funds: $1K | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.1M |
| 2 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.48M |
| 3 |
JP Morgan Chase
New York
|
+$1.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.38M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.65M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.37M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$1.27M |
| 4 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$794K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$686K |
EGAN Hedge Fund Activity: Q2 2020 in Review
97 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2020, worth a combined $190M — up 64% from $116M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new EGAN positions and 12 closed out — a net gain of 18 holders — while 40 added to existing stakes and 19 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.1M. The largest seller was Vanguard Group, cutting an estimated $3.65M.
- 97 institutional investors held eGain (EGAN) as of Q2 2020, up from 80 in Q1 2020.
- Funds reported $190M of eGain stock for Q2 2020, up 64% quarter-over-quarter.
- 30 funds opened new eGain positions in Q2 2020 and 12 closed out, a net change of +18 holders.
- The largest eGain buyer in Q2 2020 was Renaissance Technologies, an estimated $2.1M added.
- The largest eGain seller in Q2 2020 was Vanguard Group, an estimated $3.65M sold.
Based on aggregated 13F filings for Q2 2020.