Perion Network
PERI
29 hedge funds and large institutions have $21.8M invested in Perion Network in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 8 closing their positions.
19% less funds holding
Funds holding: 36 → 29 (-7)
32% less capital invested
Capital invested by funds: $32.1M → $21.8M (-$10.3M)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
97% less call options, than puts
Call options by funds: $6K | Put options by funds: $181K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$925K |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$151K |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$37.7K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$8.66K |
| 5 |
Citigroup
New York
|
+$822 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$1.44M |
| 2 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$745K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$524K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$441K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citigroup
New York
| $2K | +$822 | +80 | +108% |
|
|
AIG
27
American International Group
New York
| $336 | – | – | – |
|
|
RCM
28
Raging Capital Management
Rocky Hill,
New Jersey
| – | -$1.44M | -108,808 | Closed |
|
|
MTWSIF
29
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
| – | -$745K | -56,402 | Closed |
|
|
TC
30
TFS Capital
West Chester,
Pennsylvania
| – | -$156K | -11,789 | Closed |
|
31
Millennium Management
New York
| – | -$144K | -10,919 | Closed |
|
|
SIM
32
SSI Investment Management
Los Angeles,
California
| – | -$128K | -9,700 | Closed |
|
|
RCM
33
Rotella Capital Management
Bellevue,
Washington
| – | -$123K | -9,340 | Closed |
|
|
EGA
34
Eagle Global Advisors
Houston,
Texas
| – | -$118K | -8,924 | Closed |
|
|
AGM
35
Alpine Global Management
New York
| – | -$46K | -3,470 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$11.3K | -1,100 | -99% |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | +$31 | +3 | New |
|
PERI Hedge Fund Activity: Q1 2015 in Review
29 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q1 2015, worth a combined $21.8M — down 32% from $32.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PERI and 1 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was Renaissance Technologies, adding an estimated $925K. The largest seller was Raging Capital Management, exiting entirely with an estimated $1.44M sold.
- 29 institutional investors held Perion Network (PERI) as of Q1 2015, down from 36 in Q4 2014.
- Funds reported $21.8M of Perion Network stock for Q1 2015, down 32% quarter-over-quarter.
- 1 fund opened new Perion Network positions in Q1 2015 and 8 closed out, a net change of -7 holders.
- The largest Perion Network buyer in Q1 2015 was Renaissance Technologies, an estimated $925K added.
- The largest Perion Network seller in Q1 2015 was Raging Capital Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2015.