Pegasystems
PEGA
172 hedge funds and large institutions have $2.3B invested in Pegasystems in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 80 reducing their positions, and 48 closing their positions.
19% more capital invested
Capital invested by funds: $1.93B → $2.3B (+$366M)
1.87% more ownership
Funds ownership: 91.61% → 93.47% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
14% less funds holding
Funds holding: 199 → 172 (-27)
14% less call options, than puts
Call options by funds: $3.64M | Put options by funds: $4.23M
52% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 48
54% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 80
Top Buyers
| 1 |
EC
Eminence Capital
New York
|
+$93.4M |
| 2 |
CCM
Cadian Capital Management
New York
|
+$69.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$36.5M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$29M |
| 5 |
HCM
Highline Capital Management
New York
|
+$27.5M |
Top Sellers
| 1 |
MWNA
Marshall Wace North America
New York
|
-$33.9M |
| 2 |
Millennium Management
New York
|
-$24.8M |
| 3 |
SI
SQN Investors
Menlo Park,
California
|
-$21.8M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$19.6M |
| 5 |
Renaissance Technologies
New York
|
-$12.1M |
PEGA Hedge Fund Activity: Q3 2018 in Review
172 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q3 2018, worth a combined $2.3B — up 19% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PEGA and 23 opened new positions — a net loss of 25 holders — while 80 trimmed existing stakes and 37 added.
The largest buyer was Eminence Capital, opening a new position worth an estimated $93.4M. The largest seller was Marshall Wace North America, cutting an estimated $33.9M.
- 172 institutional investors held Pegasystems (PEGA) as of Q3 2018, down from 199 in Q2 2018.
- Funds reported $2.3B of Pegasystems stock for Q3 2018, up 19% quarter-over-quarter.
- 23 funds opened new Pegasystems positions in Q3 2018 and 48 closed out, a net change of -25 holders.
- The largest Pegasystems buyer in Q3 2018 was Eminence Capital, an estimated $93.4M added.
- The largest Pegasystems seller in Q3 2018 was Marshall Wace North America, an estimated $33.9M sold.
Based on aggregated 13F filings for Q3 2018.