Pegasystems
PEGA
130 hedge funds and large institutions have $730M invested in Pegasystems in 2015 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 61 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
4% more funds holding
Funds holding: 125 → 130 (+5)
4% more capital invested
Capital invested by funds: $700M → $730M (+$29.6M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
41% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 61
60% less call options, than puts
Call options by funds: $244K | Put options by funds: $607K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
+$31M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$7.54M |
| 3 |
SI
Sensato Investors
San Francisco,
California
|
+$3.42M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$2.54M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$9.42M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
-$9.03M |
| 3 |
TA
Teachers Advisors
New York
|
-$6.89M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$4.36M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.09M |
PEGA Hedge Fund Activity: Q2 2015 in Review
130 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q2 2015, worth a combined $730M — up 4.2% from $700M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PEGA positions and 9 closed out — a net gain of 6 holders — while 36 added to existing stakes and 61 trimmed.
The largest buyer was Cadian Capital Management, adding an estimated $31M. The largest seller was BAMCO Inc, cutting an estimated $9.42M.
- 130 institutional investors held Pegasystems (PEGA) as of Q2 2015, up from 125 in Q1 2015.
- Funds reported $730M of Pegasystems stock for Q2 2015, up 4.2% quarter-over-quarter.
- 15 funds opened new Pegasystems positions in Q2 2015 and 9 closed out, a net change of +6 holders.
- The largest Pegasystems buyer in Q2 2015 was Cadian Capital Management, an estimated $31M added.
- The largest Pegasystems seller in Q2 2015 was BAMCO Inc, an estimated $9.42M sold.
Based on aggregated 13F filings for Q2 2015.