Pegasystems
PEGA
228 hedge funds and large institutions have $3.95B invested in Pegasystems in 2020 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 84 increasing their positions, 68 reducing their positions, and 33 closing their positions.
52% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 33
47% more call options, than puts
Call options by funds: $9.95M | Put options by funds: $6.76M
42% more capital invested
Capital invested by funds: $2.79B → $3.95B (+$1.17B)
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
24% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 68
8% more funds holding
Funds holding: 212 → 228 (+16)
0.29% less ownership
Funds ownership: 98.41% → 98.12% (-0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$58.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$51.9M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$28.2M |
| 4 |
PIMC
Praesidium Investment Management Company
New York
|
+$18.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$50.3M |
| 2 |
SI
SQN Investors
Menlo Park,
California
|
-$40M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$29.6M |
| 5 |
Millennium Management
New York
|
-$17.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
251
Sciencast Management
Princeton,
New Jersey
| – | -$290K | -9,200 | Closed |
|
|
MF
252
Magnetar Financial
Evanston,
Illinois
| – | -$304K | -8,548 | Closed |
|
253
Renaissance Technologies
New York
| – | -$244K | -6,848 | Closed |
|
|
PIA
254
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$235K | -6,604 | Closed |
|
|
GCP
255
GSA Capital Partners
London,
United Kingdom
| – | -$214K | -6,002 | Closed |
|
|
NICM
256
Neo Ivy Capital Management
New York
| – | -$182K | -5,120 | Closed |
|
|
MAM
257
Meeder Asset Management
Dublin,
Ohio
| – | -$24K | -668 | Closed |
|
|
HR
258
Howe & Rusling
Rochester,
New York
| – | -$14K | -394 | Closed |
|
|
OFG
259
OmniStar Financial Group
Wilmington,
North Carolina
| – | -$10K | -280 | Closed |
|
|
WAP
260
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$2K | -70 | Closed |
|
|
NFG
261
Next Financial Group
Houston,
Texas
| – | -$1K | -18 | Closed |
|
PEGA Hedge Fund Activity: Q2 2020 in Review
228 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q2 2020, worth a combined $3.95B — up 42% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new PEGA positions and 33 closed out — a net gain of 17 holders — while 84 added to existing stakes and 68 trimmed.
The largest buyer was Bares Capital Management, adding an estimated $58.7M. The largest seller was Luxor Capital Group, cutting an estimated $50.3M.
- 228 institutional investors held Pegasystems (PEGA) as of Q2 2020, up from 212 in Q1 2020.
- Funds reported $3.95B of Pegasystems stock for Q2 2020, up 42% quarter-over-quarter.
- 50 funds opened new Pegasystems positions in Q2 2020 and 33 closed out, a net change of +17 holders.
- The largest Pegasystems buyer in Q2 2020 was Bares Capital Management, an estimated $58.7M added.
- The largest Pegasystems seller in Q2 2020 was Luxor Capital Group, an estimated $50.3M sold.
Based on aggregated 13F filings for Q2 2020.