Pegasystems
PEGA
239 hedge funds and large institutions have $1.91B invested in Pegasystems in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 77 increasing their positions, 66 reducing their positions, and 12 closing their positions.
433% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 12
179% more call options, than puts
Call options by funds: $4.77M | Put options by funds: $1.71M
26% more funds holding
Funds holding: 190 → 239 (+49)
17% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 66
11% more capital invested
Capital invested by funds: $1.72B → $1.91B (+$191M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.6% less ownership
Funds ownership: 95.38% → 93.77% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$14.8M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$14.5M |
| 4 |
Millennium Management
New York
|
+$12.9M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$91.3M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$78M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$10M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.35M |
| 5 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$6.98M |
PEGA Hedge Fund Activity: Q4 2023 in Review
239 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q4 2023, worth a combined $1.91B — up 11% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new PEGA positions and 12 closed out — a net gain of 52 holders — while 77 added to existing stakes and 66 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.5M. The largest seller was Cadian Capital Management, cutting an estimated $91.3M.
- 239 institutional investors held Pegasystems (PEGA) as of Q4 2023, up from 190 in Q3 2023.
- Funds reported $1.91B of Pegasystems stock for Q4 2023, up 11% quarter-over-quarter.
- 64 funds opened new Pegasystems positions in Q4 2023 and 12 closed out, a net change of +52 holders.
- The largest Pegasystems buyer in Q4 2023 was Morgan Stanley, an estimated $19.5M added.
- The largest Pegasystems seller in Q4 2023 was Cadian Capital Management, an estimated $91.3M sold.
Based on aggregated 13F filings for Q4 2023.