Pegasystems
PEGA
190 hedge funds and large institutions have $1.72B invested in Pegasystems in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
10% more funds holding
Funds holding: 172 → 190 (+18)
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
0.21% more ownership
Funds ownership: 95.17% → 95.38% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less capital invested
Capital invested by funds: $1.95B → $1.72B (-$223M)
86% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $8.25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGA
TPG GP A
Fort Worth,
Texas
|
+$24.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.2M |
| 3 |
SCM
Scopia Capital Management
New York
|
+$11.5M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.89M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$7.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$18.3M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$14.4M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$11.3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.9M |
| 5 |
Millennium Management
New York
|
-$5.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
201
NewEdge Advisors
New Orleans,
Louisiana
| – | -$214K | -8,746 | Closed |
|
202
Victory Capital Management
San Antonio,
Texas
| – | -$209K | -8,488 | Closed |
|
203
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$204K | -8,022 | Closed |
|
|
GC
204
Globeflex Capital
San Diego,
California
| – | -$106K | -4,280 | Closed |
|
|
QL
205
Quarry LP
New York
| – | -$5.32K | -216 | Closed |
|
|
BAAM
206
Baker Avenue Asset Management
San Francisco,
California
| – | -$1.28K | -52 | Closed |
|
|
EC
207
Elequin Capital
New York
| – | -$592 | -24 | Closed |
|
|
VAG
208
VisionPoint Advisory Group
Dallas,
Texas
| – | -$296 | -12 | Closed |
|
|
NS
209
NBC Securities
Birmingham,
Alabama
| – | +$49 | +2 | New |
|
PEGA Hedge Fund Activity: Q3 2023 in Review
190 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q3 2023, worth a combined $1.72B — down 11% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PEGA positions and 19 closed out — a net gain of 20 holders — while 61 added to existing stakes and 58 trimmed.
The largest buyer was TPG GP A, adding an estimated $24.5M. The largest seller was Fidelity International, cutting an estimated $18.3M.
- 190 institutional investors held Pegasystems (PEGA) as of Q3 2023, up from 172 in Q2 2023.
- Funds reported $1.72B of Pegasystems stock for Q3 2023, down 11% quarter-over-quarter.
- 39 funds opened new Pegasystems positions in Q3 2023 and 19 closed out, a net change of +20 holders.
- The largest Pegasystems buyer in Q3 2023 was TPG GP A, an estimated $24.5M added.
- The largest Pegasystems seller in Q3 2023 was Fidelity International, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2023.