Pegasystems
PEGA
172 hedge funds and large institutions have $1.95B invested in Pegasystems in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 64 reducing their positions, and 36 closing their positions.
2% more capital invested
Capital invested by funds: $1.9B → $1.95B (+$47.4M)
0.19% more ownership
Funds ownership: 94.98% → 95.17% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less funds holding
Funds holding: 190 → 172 (-18)
15% less call options, than puts
Call options by funds: $754K | Put options by funds: $887K
16% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 64
50% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 36
Top Buyers
| 1 |
CCM
Cadian Capital Management
New York
|
+$21.3M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$21.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.2M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$12.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.8M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$17.5M |
| 2 |
GH
GAM Holding
Zurich,
Switzerland
|
-$8.8M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$8.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.55M |
PEGA Hedge Fund Activity: Q2 2023 in Review
172 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q2 2023, worth a combined $1.95B — up 2.5% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PEGA and 18 opened new positions — a net loss of 18 holders — while 64 trimmed existing stakes and 54 added.
The largest buyer was Cadian Capital Management, adding an estimated $21.3M. The largest seller was Millennium Management, cutting an estimated $17.5M.
- 172 institutional investors held Pegasystems (PEGA) as of Q2 2023, down from 190 in Q1 2023.
- Funds reported $1.95B of Pegasystems stock for Q2 2023, up 2.5% quarter-over-quarter.
- 18 funds opened new Pegasystems positions in Q2 2023 and 36 closed out, a net change of -18 holders.
- The largest Pegasystems buyer in Q2 2023 was Cadian Capital Management, an estimated $21.3M added.
- The largest Pegasystems seller in Q2 2023 was Millennium Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2023.