Pegasystems
PEGA
141 hedge funds and large institutions have $791M invested in Pegasystems in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 49 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
93% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $779K
27% more capital invested
Capital invested by funds: $621M → $791M (+$170M)
10% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 49
9% more funds holding
Funds holding: 129 → 141 (+12)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$18.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.34M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.45M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.12M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$4.53M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.53M |
| 3 |
SM
SCGE Management
Menlo Park,
California
|
-$4.38M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.12M |
| 5 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$3.94M |
PEGA Hedge Fund Activity: Q4 2013 in Review
141 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q4 2013, worth a combined $791M — up 27% from $621M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PEGA positions and 10 closed out — a net gain of 12 holders — while 54 added to existing stakes and 49 trimmed.
The largest buyer was Riverbridge Partners, adding an estimated $18.8M. The largest seller was Cadence Capital Management, cutting an estimated $4.53M.
- 141 institutional investors held Pegasystems (PEGA) as of Q4 2013, up from 129 in Q3 2013.
- Funds reported $791M of Pegasystems stock for Q4 2013, up 27% quarter-over-quarter.
- 22 funds opened new Pegasystems positions in Q4 2013 and 10 closed out, a net change of +12 holders.
- The largest Pegasystems buyer in Q4 2013 was Riverbridge Partners, an estimated $18.8M added.
- The largest Pegasystems seller in Q4 2013 was Cadence Capital Management, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2013.