Pegasystems
PEGA
198 hedge funds and large institutions have $2.18B invested in Pegasystems in 2018 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 32 closing their positions.
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
28% more capital invested
Capital invested by funds: $1.7B → $2.18B (+$481M)
28% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $9.47M
8% more funds holding
Funds holding: 184 → 198 (+14)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
3.13% less ownership
Funds ownership: 95.27% → 92.14% (-3.1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$25.6M |
| 2 |
Two Sigma Investments
New York
|
+$22M |
| 3 |
TA
Teachers Advisors
New York
|
+$15.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$9.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
-$48.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$48.3M |
| 3 |
Morgan Stanley
New York
|
-$37.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$17.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
226
Prelude Capital Management
New York
| – | -$25K | -1,060 | Closed |
|
|
EWM
227
Evercore Wealth Management
New York
| – | -$9K | -384 | Closed |
|
|
TRCT
228
Tower Research Capital (TRC)
New York
| – | -$5K | -230 | Closed |
|
229
Group One Trading
Chicago,
Illinois
| – | -$5.57K | -206 | Closed |
|
|
BBHC
230
Brown Brothers Harriman & Co
New York
| – | -$5K | -200 | Closed |
|
231
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$4K | -178 | Closed |
|
PEGA Hedge Fund Activity: Q1 2018 in Review
198 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q1 2018, worth a combined $2.18B — up 28% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PEGA positions and 32 closed out — a net gain of 16 holders — while 62 added to existing stakes and 65 trimmed.
The largest buyer was Millennium Management, adding an estimated $25.6M. The largest seller was Contour Asset Management, exiting entirely with an estimated $48.6M sold.
- 198 institutional investors held Pegasystems (PEGA) as of Q1 2018, up from 184 in Q4 2017.
- Funds reported $2.18B of Pegasystems stock for Q1 2018, up 28% quarter-over-quarter.
- 48 funds opened new Pegasystems positions in Q1 2018 and 32 closed out, a net change of +16 holders.
- The largest Pegasystems buyer in Q1 2018 was Millennium Management, an estimated $25.6M added.
- The largest Pegasystems seller in Q1 2018 was Contour Asset Management, an estimated $48.6M sold.
Based on aggregated 13F filings for Q1 2018.