Pegasystems
PEGA
147 hedge funds and large institutions have $683M invested in Pegasystems in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 60 reducing their positions, and 21 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
20% more capital invested
Capital invested by funds: $571M → $683M (+$112M)
4% more funds holding
Funds holding: 142 → 147 (+5)
4% more call options, than puts
Call options by funds: $217K | Put options by funds: $209K
27% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 60
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$10M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$7.28M |
| 3 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$6.79M |
| 4 |
TA
Teachers Advisors
New York
|
+$6.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$6.49M |
Top Sellers
| 1 |
SM
SCGE Management
Menlo Park,
California
|
-$13.6M |
| 2 |
BAMCO Inc
New York
|
-$9.28M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$6.04M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.37M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$5.06M |
PEGA Hedge Fund Activity: Q2 2014 in Review
147 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q2 2014, worth a combined $683M — up 20% from $571M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PEGA positions and 21 closed out — a net gain of 5 holders — while 44 added to existing stakes and 60 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $10M. The largest seller was SCGE Management, exiting entirely with an estimated $13.6M sold.
- 147 institutional investors held Pegasystems (PEGA) as of Q2 2014, up from 142 in Q1 2014.
- Funds reported $683M of Pegasystems stock for Q2 2014, up 20% quarter-over-quarter.
- 26 funds opened new Pegasystems positions in Q2 2014 and 21 closed out, a net change of +5 holders.
- The largest Pegasystems buyer in Q2 2014 was Fidelity Investments, an estimated $10M added.
- The largest Pegasystems seller in Q2 2014 was SCGE Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q2 2014.