eGain
EGAN
75 hedge funds and large institutions have $154M invested in eGain in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 12 closing their positions.
15% more capital invested
Capital invested by funds: $134M → $154M (+$19.7M)
3.72% less ownership
Funds ownership: 56.45% → 52.74% (-3.7%)
7% less funds holding
Funds holding: 81 → 75 (-6)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.15M |
| 2 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$2.01M |
| 3 |
MIM
Meros Investment Management
Dallas,
Texas
|
+$1.48M |
| 4 |
BlackRock
New York
|
+$568K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$4.88M |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$439K |
| 3 |
Morgan Stanley
New York
|
-$363K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$362K |
| 5 |
Renaissance Technologies
New York
|
-$318K |
EGAN Hedge Fund Activity: Q4 2022 in Review
75 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q4 2022, worth a combined $154M — up 15% from $134M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EGAN and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 24 added.
The largest buyer was JP Morgan Chase, adding an estimated $3.15M. The largest seller was Kent Lake Capital, cutting an estimated $4.88M.
- 75 institutional investors held eGain (EGAN) as of Q4 2022, down from 81 in Q3 2022.
- Funds reported $154M of eGain stock for Q4 2022, up 15% quarter-over-quarter.
- 9 funds opened new eGain positions in Q4 2022 and 12 closed out, a net change of -3 holders.
- The largest eGain buyer in Q4 2022 was JP Morgan Chase, an estimated $3.15M added.
- The largest eGain seller in Q4 2022 was Kent Lake Capital, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2022.