Pegasystems
PEGA
129 hedge funds and large institutions have $621M invested in Pegasystems in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 55 reducing their positions, and 17 closing their positions.
294% more call options, than puts
Call options by funds: $378K | Put options by funds: $96K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more capital invested
Capital invested by funds: $534M → $621M (+$87.7M)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding
Funds holding: 129 → 129 (0)
29% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.6M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$3.32M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.06M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
-$11.8M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$9.89M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$4.81M |
| 4 |
Morgan Stanley
New York
|
-$3.96M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.93M |
PEGA Hedge Fund Activity: Q3 2013 in Review
129 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q3 2013, worth a combined $621M — up 16% from $534M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PEGA positions and 17 closed out — a net gain of 1 holder — while 39 added to existing stakes and 55 trimmed.
The largest buyer was Cadence Capital Management, opening a new position worth an estimated $7M. The largest seller was WHV Investments, exiting entirely with an estimated $11.8M sold.
- 129 institutional investors held Pegasystems (PEGA) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $621M of Pegasystems stock for Q3 2013, up 16% quarter-over-quarter.
- 18 funds opened new Pegasystems positions in Q3 2013 and 17 closed out, a net change of +1 holder.
- The largest Pegasystems buyer in Q3 2013 was Cadence Capital Management, an estimated $7M added.
- The largest Pegasystems seller in Q3 2013 was WHV Investments, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2013.