Pegasystems
PEGA
190 hedge funds and large institutions have $2.65B invested in Pegasystems in 2019 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 52 increasing their positions, 72 reducing their positions, and 29 closing their positions.
69% more call options, than puts
Call options by funds: $1.74M | Put options by funds: $1.03M
48% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 29
14% more capital inflows, than outflows
Capital inflows: $338M | Capital outflows: $296M
7% more funds holding
Funds holding: 178 → 190 (+12)
0.03% more ownership
Funds ownership: 47.19% → 47.22% (+0.03%)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
28% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dorsal Capital Management
Redwood City,
California
|
+$83.7M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$54.8M |
| 3 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$43.4M |
| 4 |
Riverbridge Partners
Minneapolis,
Minnesota
|
+$20.5M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$49.7M |
| 2 |
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$28.7M |
| 3 |
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$21.1M |
| 4 |
LCG
Luxor Capital Group
New York
|
-$15.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$15.4M |
PEGA Hedge Fund Activity: Q2 2019 in Review
190 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q2 2019, worth a combined $2.65B — up 10% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PEGA positions and 29 closed out — a net gain of 14 holders — while 52 added to existing stakes and 72 trimmed.
The largest buyer was Dorsal Capital Management, opening a new position worth an estimated $83.7M. The largest seller was Cadian Capital Management, cutting an estimated $49.7M.
- 190 institutional investors held Pegasystems (PEGA) as of Q2 2019, up from 178 in Q1 2019.
- Funds reported $2.65B of Pegasystems stock for Q2 2019, up 10% quarter-over-quarter.
- 43 funds opened new Pegasystems positions in Q2 2019 and 29 closed out, a net change of +14 holders.
- The largest Pegasystems buyer in Q2 2019 was Dorsal Capital Management, an estimated $83.7M added.
- The largest Pegasystems seller in Q2 2019 was Cadian Capital Management, an estimated $49.7M sold.
Based on aggregated 13F filings for Q2 2019.