Pegasystems
PEGA
125 hedge funds and large institutions have $700M invested in Pegasystems in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 16 closing their positions.
16% more call options, than puts
Call options by funds: $2.78M | Put options by funds: $2.39M
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
4% more capital invested
Capital invested by funds: $673M → $700M (+$27M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 135 → 125 (-10)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$23.3M |
| 2 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
+$7.37M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$6.33M |
| 4 |
Goldman Sachs
New York
|
+$3.83M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$11.1M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$10.2M |
| 3 |
BAMCO Inc
New York
|
-$6.04M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.76M |
| 5 |
JP Morgan Chase
New York
|
-$3.94M |
PEGA Hedge Fund Activity: Q1 2015 in Review
125 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q1 2015, worth a combined $700M — up 4% from $673M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PEGA and 7 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 49 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $23.3M. The largest seller was Brown Advisory, cutting an estimated $11.1M.
- 125 institutional investors held Pegasystems (PEGA) as of Q1 2015, down from 135 in Q4 2014.
- Funds reported $700M of Pegasystems stock for Q1 2015, up 4% quarter-over-quarter.
- 7 funds opened new Pegasystems positions in Q1 2015 and 16 closed out, a net change of -9 holders.
- The largest Pegasystems buyer in Q1 2015 was EdgePoint Investment Group, an estimated $23.3M added.
- The largest Pegasystems seller in Q1 2015 was Brown Advisory, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2015.