Pegasystems
PEGA
140 hedge funds and large institutions have $792M invested in Pegasystems in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 56 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
8% more capital invested
Capital invested by funds: $730M → $792M (+$62M)
8% more funds holding
Funds holding: 130 → 140 (+10)
25% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 56
34% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $1.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$17.3M |
| 2 |
Millennium Management
New York
|
+$4.78M |
| 3 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$4.21M |
| 4 |
CCM
Cadian Capital Management
New York
|
+$4.07M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$10.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$6.09M |
| 3 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
-$5.53M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$3.8M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$3.15M |
PEGA Hedge Fund Activity: Q3 2015 in Review
140 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q3 2015, worth a combined $792M — up 8.5% from $730M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PEGA positions and 13 closed out — a net gain of 12 holders — while 42 added to existing stakes and 56 trimmed.
The largest buyer was Rice Hall James & Associates, opening a new position worth an estimated $17.3M. The largest seller was Goldman Sachs, cutting an estimated $10.9M.
- 140 institutional investors held Pegasystems (PEGA) as of Q3 2015, up from 130 in Q2 2015.
- Funds reported $792M of Pegasystems stock for Q3 2015, up 8.5% quarter-over-quarter.
- 25 funds opened new Pegasystems positions in Q3 2015 and 13 closed out, a net change of +12 holders.
- The largest Pegasystems buyer in Q3 2015 was Rice Hall James & Associates, an estimated $17.3M added.
- The largest Pegasystems seller in Q3 2015 was Goldman Sachs, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2015.