Pegasystems
PEGA
125 hedge funds and large institutions have $700M invested in Pegasystems in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 16 closing their positions.
16% more call options, than puts
Call options by funds: $2.78M | Put options by funds: $2.39M
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
4% more capital invested
Capital invested by funds: $673M → $700M (+$27M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 135 → 125 (-10)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$23.3M |
| 2 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
+$7.37M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$6.33M |
| 4 |
Goldman Sachs
New York
|
+$3.83M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$3.75M |
Top Sellers
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$11.1M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$10.2M |
| 3 |
BAMCO Inc
New York
|
-$6.04M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.76M |
| 5 |
JP Morgan Chase
New York
|
-$3.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
126
Pier Capital
Stamford,
Connecticut
| – | -$5.76M | -554,354 | Closed |
|
|
SGAM
127
Smith Group Asset Management
Dallas,
Texas
| – | -$3.42M | -329,160 | Closed |
|
|
NI
128
Numeric Investors
Boston,
Massachusetts
| – | -$1.56M | -150,448 | Closed |
|
|
HCM
129
Highbridge Capital Management
New York
| – | -$1.5M | -144,244 | Closed |
|
|
TC
130
TFS Capital
West Chester,
Pennsylvania
| – | -$1.22M | -117,042 | Closed |
|
131
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$863K | -83,100 | Closed |
|
|
CSS
132
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$554K | -53,314 | Closed |
|
|
AA
133
ALPS Advisors
Denver,
Colorado
| – | -$518K | -49,832 | Closed |
|
|
TI
134
Trexquant Investment
Stamford,
Connecticut
| – | -$392K | -37,762 | Closed |
|
|
MCM
135
Manchester Capital Management
Manchester,
Vermont
| – | -$280K | -26,980 | Closed |
|
|
NFG
136
Next Financial Group
Houston,
Texas
| – | -$8K | -800 | Closed |
|
|
BJ
137
BlackRock Japan
Tokyo,
Japan
| – | -$7K | -662 | Closed |
|
|
GC
138
Globeflex Capital
San Diego,
California
| – | -$1K | -86 | Closed |
|
PEGA Hedge Fund Activity: Q1 2015 in Review
125 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q1 2015, worth a combined $700M — up 4% from $673M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PEGA and 7 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 49 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $23.3M. The largest seller was Brown Advisory, cutting an estimated $11.1M.
- 125 institutional investors held Pegasystems (PEGA) as of Q1 2015, down from 135 in Q4 2014.
- Funds reported $700M of Pegasystems stock for Q1 2015, up 4% quarter-over-quarter.
- 7 funds opened new Pegasystems positions in Q1 2015 and 16 closed out, a net change of -9 holders.
- The largest Pegasystems buyer in Q1 2015 was EdgePoint Investment Group, an estimated $23.3M added.
- The largest Pegasystems seller in Q1 2015 was Brown Advisory, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2015.