Pegasystems
PEGA
301 hedge funds and large institutions have $3.01B invested in Pegasystems in 2024 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 118 increasing their positions, 75 reducing their positions, and 44 closing their positions.
108% more call options, than puts
Call options by funds: $9.38M | Put options by funds: $4.52M
57% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 75
50% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 44
21% more capital invested
Capital invested by funds: $2.48B → $3.01B (+$524M)
8% more funds holding
Funds holding: 280 → 301 (+21)
0.2% less ownership
Funds ownership: 96.48% → 96.27% (-0.2%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$51.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$50.8M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$36M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$34.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
-$184M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$68M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$37.7M |
| 4 |
Millennium Management
New York
|
-$26.3M |
| 5 |
LCG
Luxor Capital Group
New York
|
-$22.7M |
PEGA Hedge Fund Activity: Q3 2024 in Review
301 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Pegasystems (PEGA) for Q3 2024, worth a combined $3.01B — up 21% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PEGA positions and 44 closed out — a net gain of 22 holders — while 118 added to existing stakes and 75 trimmed.
The largest buyer was Shannon River Fund Management, opening a new position worth an estimated $51.9M. The largest seller was Bares Capital Management, cutting an estimated $184M.
- 301 institutional investors held Pegasystems (PEGA) as of Q3 2024, up from 280 in Q2 2024.
- Funds reported $3.01B of Pegasystems stock for Q3 2024, up 21% quarter-over-quarter.
- 66 funds opened new Pegasystems positions in Q3 2024 and 44 closed out, a net change of +22 holders.
- The largest Pegasystems buyer in Q3 2024 was Shannon River Fund Management, an estimated $51.9M added.
- The largest Pegasystems seller in Q3 2024 was Bares Capital Management, an estimated $184M sold.
Based on aggregated 13F filings for Q3 2024.