eGain
EGAN
86 hedge funds and large institutions have $101M invested in eGain in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 13 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 87 → 86 (-1)
6.46% less ownership
Funds ownership: 60.34% → 53.89% (-6.5%)
17% less capital invested
Capital invested by funds: $122M → $101M (-$20.1M)
70% less call options, than puts
Call options by funds: $3K | Put options by funds: $10K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$484K |
| 2 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
+$274K |
| 3 |
Millennium Management
New York
|
+$150K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$149K |
| 5 |
Renaissance Technologies
New York
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
-$14.7M |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$1.27M |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
-$714K |
| 4 |
BlackRock
New York
|
-$425K |
| 5 |
WVP
Worth Venture Partners
Fort Lee,
New Jersey
|
-$370K |
EGAN Hedge Fund Activity: Q2 2024 in Review
86 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in eGain (EGAN) for Q2 2024, worth a combined $101M — down 17% from $122M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EGAN and 12 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 35 added.
The largest buyer was Acadian Asset Management, adding an estimated $484K. The largest seller was Kanen Wealth Management, cutting an estimated $14.7M.
- 86 institutional investors held eGain (EGAN) as of Q2 2024, down from 87 in Q1 2024.
- Funds reported $101M of eGain stock for Q2 2024, down 17% quarter-over-quarter.
- 12 funds opened new eGain positions in Q2 2024 and 13 closed out, a net change of -1 holder.
- The largest eGain buyer in Q2 2024 was Acadian Asset Management, an estimated $484K added.
- The largest eGain seller in Q2 2024 was Kanen Wealth Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2024.