Pegasystems
PEGA
153 hedge funds and large institutions have $877M invested in Pegasystems in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 65 reducing their positions, and 15 closing their positions.
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
9% more capital invested
Capital invested by funds: $805M → $877M (+$71.9M)
1% more funds holding
Funds holding: 151 → 153 (+2)
32% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 65
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
66% less call options, than puts
Call options by funds: $146K | Put options by funds: $431K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$20.6M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$10.3M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$10.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.14M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
-$9.3M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$8.1M |
| 3 |
Millennium Management
New York
|
-$7.07M |
| 4 |
Lazard Asset Management
New York
|
-$5.44M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4.88M |
PEGA Hedge Fund Activity: Q2 2016 in Review
153 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q2 2016, worth a combined $877M — up 8.9% from $805M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PEGA positions and 15 closed out — a net gain of 3 holders — while 44 added to existing stakes and 65 trimmed.
The largest buyer was Ranger Investment Management, opening a new position worth an estimated $20.6M. The largest seller was Tiverton Asset Management, cutting an estimated $9.3M.
- 153 institutional investors held Pegasystems (PEGA) as of Q2 2016, up from 151 in Q1 2016.
- Funds reported $877M of Pegasystems stock for Q2 2016, up 8.9% quarter-over-quarter.
- 18 funds opened new Pegasystems positions in Q2 2016 and 15 closed out, a net change of +3 holders.
- The largest Pegasystems buyer in Q2 2016 was Ranger Investment Management, an estimated $20.6M added.
- The largest Pegasystems seller in Q2 2016 was Tiverton Asset Management, an estimated $9.3M sold.
Based on aggregated 13F filings for Q2 2016.