Pegasystems
PEGA
152 hedge funds and large institutions have $1.81B invested in Pegasystems in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 40 closing their positions.
503% more call options, than puts
Call options by funds: $5.24M | Put options by funds: $870K
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
2.54% more ownership
Funds ownership: 93.47% → 96.01% (+2.5%)
6% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 52
12% less funds holding
Funds holding: 172 → 152 (-20)
21% less capital invested
Capital invested by funds: $2.3B → $1.81B (-$494M)
50% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$101M |
| 2 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$35.8M |
| 3 |
SI
SQN Investors
Menlo Park,
California
|
+$24.2M |
| 4 |
CCM
Cadian Capital Management
New York
|
+$22.4M |
| 5 |
HCM
Highline Capital Management
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$96.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$56M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$31.3M |
| 4 |
O
OppenheimerFunds
New York
|
-$23.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.6M |
PEGA Hedge Fund Activity: Q4 2018 in Review
152 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q4 2018, worth a combined $1.81B — down 21% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of PEGA and 20 opened new positions — a net loss of 20 holders — while 52 trimmed existing stakes and 49 added.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $101M. The largest seller was Eminence Capital, exiting entirely with an estimated $96.6M sold.
- 152 institutional investors held Pegasystems (PEGA) as of Q4 2018, down from 172 in Q3 2018.
- Funds reported $1.81B of Pegasystems stock for Q4 2018, down 21% quarter-over-quarter.
- 20 funds opened new Pegasystems positions in Q4 2018 and 40 closed out, a net change of -20 holders.
- The largest Pegasystems buyer in Q4 2018 was Luxor Capital Group, an estimated $101M added.
- The largest Pegasystems seller in Q4 2018 was Eminence Capital, an estimated $96.6M sold.
Based on aggregated 13F filings for Q4 2018.