Perion Network
PERI
36 hedge funds and large institutions have $37.6M invested in Perion Network in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 14 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
20% less funds holding
Funds holding: 45 → 36 (-9)
48% less capital invested
Capital invested by funds: $72M → $37.6M (-$34.4M)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
69% less call options, than puts
Call options by funds: $458K | Put options by funds: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$1.98M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$1.33M |
| 3 |
Renaissance Technologies
New York
|
+$1.03M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$481K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
-$2.37M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$1.11M |
| 3 |
PCP
Perimeter Capital Partners
Atlanta,
Georgia
|
-$1.07M |
| 4 |
Jane Street
New York
|
-$987K |
| 5 |
SRFM
Shannon River Fund Management
New York
|
-$939K |
PERI Hedge Fund Activity: Q3 2014 in Review
36 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q3 2014, worth a combined $37.6M — down 48% from $72M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PERI and 5 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Mivtachim The Workers Social Insurance Fund, opening a new position worth an estimated $1.98M. The largest seller was Corsair Capital Management, cutting an estimated $2.37M.
- 36 institutional investors held Perion Network (PERI) as of Q3 2014, down from 45 in Q2 2014.
- Funds reported $37.6M of Perion Network stock for Q3 2014, down 48% quarter-over-quarter.
- 5 funds opened new Perion Network positions in Q3 2014 and 14 closed out, a net change of -9 holders.
- The largest Perion Network buyer in Q3 2014 was Mivtachim The Workers Social Insurance Fund, an estimated $1.98M added.
- The largest Perion Network seller in Q3 2014 was Corsair Capital Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2014.