Pegasystems
PEGA
136 hedge funds and large institutions have $1B invested in Pegasystems in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 58 reducing their positions, and 27 closing their positions.
4,793% more call options, than puts
Call options by funds: $8.07M | Put options by funds: $165K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more capital invested
Capital invested by funds: $877M → $1B (+$125M)
11% less funds holding
Funds holding: 153 → 136 (-17)
22% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 58
63% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
+$47.4M |
| 2 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$26.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$19.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.45M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$9.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$18.1M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$6.77M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$5.22M |
| 4 |
Lazard Asset Management
New York
|
-$5.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.1M |
PEGA Hedge Fund Activity: Q3 2016 in Review
136 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q3 2016, worth a combined $1B — up 14% from $877M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PEGA and 10 opened new positions — a net loss of 17 holders — while 58 trimmed existing stakes and 45 added.
The largest buyer was Cadian Capital Management, adding an estimated $47.4M. The largest seller was BAMCO Inc, cutting an estimated $18.1M.
- 136 institutional investors held Pegasystems (PEGA) as of Q3 2016, down from 153 in Q2 2016.
- Funds reported $1B of Pegasystems stock for Q3 2016, up 14% quarter-over-quarter.
- 10 funds opened new Pegasystems positions in Q3 2016 and 27 closed out, a net change of -17 holders.
- The largest Pegasystems buyer in Q3 2016 was Cadian Capital Management, an estimated $47.4M added.
- The largest Pegasystems seller in Q3 2016 was BAMCO Inc, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2016.