Pegasystems
PEGA
198 hedge funds and large institutions have $3.01B invested in Pegasystems in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 17 closing their positions.
361% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $271K
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
21% more capital invested
Capital invested by funds: $2.49B → $3.01B (+$514M)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
6% more funds holding
Funds holding: 187 → 198 (+11)
2.58% more ownership
Funds ownership: 92.57% → 95.15% (+2.6%)
3% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$236M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$14.7M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$6.2M |
| 4 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$6.09M |
| 5 |
TPM
Totem Point Management
New York
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$31.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$24.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.4M |
| 4 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$21.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.8M |
PEGA Hedge Fund Activity: Q4 2019 in Review
198 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q4 2019, worth a combined $3.01B — up 21% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PEGA positions and 17 closed out — a net gain of 16 holders — while 70 added to existing stakes and 68 trimmed.
The largest buyer was Bares Capital Management, adding an estimated $236M. The largest seller was Cadian Capital Management, cutting an estimated $31.5M.
- 198 institutional investors held Pegasystems (PEGA) as of Q4 2019, up from 187 in Q3 2019.
- Funds reported $3.01B of Pegasystems stock for Q4 2019, up 21% quarter-over-quarter.
- 33 funds opened new Pegasystems positions in Q4 2019 and 17 closed out, a net change of +16 holders.
- The largest Pegasystems buyer in Q4 2019 was Bares Capital Management, an estimated $236M added.
- The largest Pegasystems seller in Q4 2019 was Cadian Capital Management, an estimated $31.5M sold.
Based on aggregated 13F filings for Q4 2019.