Pegasystems
PEGA
155 hedge funds and large institutions have $1.24B invested in Pegasystems in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 34 increasing their positions, 67 reducing their positions, and 13 closing their positions.
154% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 13
89.87% more ownership
Funds ownership: 0% → 89.87% (+90%)
24% more capital invested
Capital invested by funds: $995M → $1.24B (+$240M)
14% more funds holding
Funds holding: 136 → 155 (+19)
4% less call options, than puts
Call options by funds: $716K | Put options by funds: $746K
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
49% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 67
Top Buyers
Top Sellers
| 1 |
CCM
Cadian Capital Management
New York
|
-$54M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$37.3M |
| 3 |
BAMCO Inc
New York
|
-$12.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11M |
| 5 |
Renaissance Technologies
New York
|
-$9.01M |
PEGA Hedge Fund Activity: Q4 2016 in Review
155 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q4 2016, worth a combined $1.24B — up 24% from $995M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PEGA positions and 13 closed out — a net gain of 20 holders — while 34 added to existing stakes and 67 trimmed.
The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $33.1M. The largest seller was Cadian Capital Management, cutting an estimated $54M.
- 155 institutional investors held Pegasystems (PEGA) as of Q4 2016, up from 136 in Q3 2016.
- Funds reported $1.24B of Pegasystems stock for Q4 2016, up 24% quarter-over-quarter.
- 33 funds opened new Pegasystems positions in Q4 2016 and 13 closed out, a net change of +20 holders.
- The largest Pegasystems buyer in Q4 2016 was Whale Rock Capital Management, an estimated $33.1M added.
- The largest Pegasystems seller in Q4 2016 was Cadian Capital Management, an estimated $54M sold.
Based on aggregated 13F filings for Q4 2016.