eGain
EGAN
81 hedge funds and large institutions have $134M invested in eGain in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 13 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0.32% more ownership
Funds ownership: 56.13% → 56.45% (+0.32%)
4% less funds holding
Funds holding: 84 → 81 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
24% less capital invested
Capital invested by funds: $176M → $134M (-$41.8M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$15.1M |
| 2 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
+$2.92M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$503K |
| 4 |
Millennium Management
New York
|
+$482K |
| 5 |
Morgan Stanley
New York
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$10.8M |
| 2 |
Swedbank
Stockholm,
Sweden
|
-$2.44M |
| 3 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$1.41M |
| 4 |
Renaissance Technologies
New York
|
-$1.36M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$865K |
EGAN Hedge Fund Activity: Q3 2022 in Review
81 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q3 2022, worth a combined $134M — down 24% from $176M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EGAN and 10 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was Kanen Wealth Management, adding an estimated $15.1M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $10.8M sold.
- 81 institutional investors held eGain (EGAN) as of Q3 2022, down from 84 in Q2 2022.
- Funds reported $134M of eGain stock for Q3 2022, down 24% quarter-over-quarter.
- 10 funds opened new eGain positions in Q3 2022 and 13 closed out, a net change of -3 holders.
- The largest eGain buyer in Q3 2022 was Kanen Wealth Management, an estimated $15.1M added.
- The largest eGain seller in Q3 2022 was Cooper Creek Partners Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2022.