eGain
EGAN
87 hedge funds and large institutions have $122M invested in eGain in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 7 closing their positions.
211% more call options, than puts
Call options by funds: $59K | Put options by funds: $19K
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
7.1% more ownership
Funds ownership: 53.24% → 60.34% (+7.1%)
6% more funds holding
Funds holding: 82 → 87 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less capital invested
Capital invested by funds: $140M → $122M (-$18.7M)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$17.4M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$523K |
| 3 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
+$466K |
| 4 |
AI
Acuitas Investments
Seattle,
Washington
|
+$296K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Meros Investment Management
Dallas,
Texas
|
-$3.41M |
| 2 |
Millennium Management
New York
|
-$805K |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
-$529K |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
-$216K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$165K |
EGAN Hedge Fund Activity: Q1 2024 in Review
87 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q1 2024, worth a combined $122M — down 13% from $140M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new EGAN positions and 7 closed out — a net gain of 5 holders — while 25 added to existing stakes and 33 trimmed.
The largest buyer was Kanen Wealth Management, adding an estimated $17.4M. The largest seller was Meros Investment Management, exiting entirely with an estimated $3.41M sold.
- 87 institutional investors held eGain (EGAN) as of Q1 2024, up from 82 in Q4 2023.
- Funds reported $122M of eGain stock for Q1 2024, down 13% quarter-over-quarter.
- 12 funds opened new eGain positions in Q1 2024 and 7 closed out, a net change of +5 holders.
- The largest eGain buyer in Q1 2024 was Kanen Wealth Management, an estimated $17.4M added.
- The largest eGain seller in Q1 2024 was Meros Investment Management, an estimated $3.41M sold.
Based on aggregated 13F filings for Q1 2024.