Pegasystems
PEGA
212 hedge funds and large institutions have $2.79B invested in Pegasystems in 2020 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 70 increasing their positions, 63 reducing their positions, and 31 closing their positions.
58% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 31
11% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 63
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
7% more funds holding
Funds holding: 198 → 212 (+14)
3.26% more ownership
Funds ownership: 95.15% → 98.41% (+3.3%)
2% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $2.29M
7% less capital invested
Capital invested by funds: $3.01B → $2.79B (-$219M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
+$41.3M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$38.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$23.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.9M |
| 5 |
LCG
Luxor Capital Group
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$33.6M |
| 2 |
SI
SQN Investors
Menlo Park,
California
|
-$33.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$30.1M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
-$12.7M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$11M |
PEGA Hedge Fund Activity: Q1 2020 in Review
212 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q1 2020, worth a combined $2.79B — down 7.3% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PEGA positions and 31 closed out — a net gain of 18 holders — while 70 added to existing stakes and 63 trimmed.
The largest buyer was Praesidium Investment Management Company, opening a new position worth an estimated $41.3M. The largest seller was Dorsal Capital Management, cutting an estimated $33.6M.
- 212 institutional investors held Pegasystems (PEGA) as of Q1 2020, up from 198 in Q4 2019.
- Funds reported $2.79B of Pegasystems stock for Q1 2020, down 7.3% quarter-over-quarter.
- 49 funds opened new Pegasystems positions in Q1 2020 and 31 closed out, a net change of +18 holders.
- The largest Pegasystems buyer in Q1 2020 was Praesidium Investment Management Company, an estimated $41.3M added.
- The largest Pegasystems seller in Q1 2020 was Dorsal Capital Management, an estimated $33.6M sold.
Based on aggregated 13F filings for Q1 2020.