Pegasystems
PEGA
151 hedge funds and large institutions have $814M invested in Pegasystems in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 45 reducing their positions, and 21 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 45
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
1% more funds holding
Funds holding: 149 → 151 (+2)
8% less capital invested
Capital invested by funds: $887M → $814M (-$72.8M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
88% less call options, than puts
Call options by funds: $78K | Put options by funds: $625K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$13.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.9M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$6.78M |
| 4 |
Millennium Management
New York
|
+$4.74M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$28.1M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$12.5M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$10.2M |
| 4 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
-$6.39M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$5.46M |
PEGA Hedge Fund Activity: Q1 2016 in Review
151 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q1 2016, worth a combined $814M — down 8.2% from $887M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PEGA positions and 21 closed out — a net gain of 3 holders — while 64 added to existing stakes and 45 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $13.6M. The largest seller was Cadian Capital Management, cutting an estimated $28.1M.
- 151 institutional investors held Pegasystems (PEGA) as of Q1 2016, up from 149 in Q4 2015.
- Funds reported $814M of Pegasystems stock for Q1 2016, down 8.2% quarter-over-quarter.
- 24 funds opened new Pegasystems positions in Q1 2016 and 21 closed out, a net change of +3 holders.
- The largest Pegasystems buyer in Q1 2016 was Thrivent Financial for Lutherans, an estimated $13.6M added.
- The largest Pegasystems seller in Q1 2016 was Cadian Capital Management, an estimated $28.1M sold.
Based on aggregated 13F filings for Q1 2016.