Perion Network
PERI
22 hedge funds and large institutions have $16.7M invested in Perion Network in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $14.1M → $16.7M (+$2.55M)
5.04% more ownership
Funds ownership: 0% → 5.04% (+5%)
19% less funds holding
Funds holding: 27 → 22 (-5)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$902K |
| 2 |
Renaissance Technologies
New York
|
+$242K |
| 3 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$106K |
| 4 |
GIA
GHP Investment Advisors
Denver,
Colorado
|
+$33.4K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$27.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$991K |
| 2 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$91K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$61K |
| 4 |
Morgan Stanley
New York
|
-$38.4K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
26
Prelude Capital Management
New York
| – | -$27K | -7,541 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$2K | -673 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$150 | -43 | -88% |
|
PERI Hedge Fund Activity: Q4 2016 in Review
22 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q4 2016, worth a combined $16.7M — up 18% from $14.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PERI and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was JP Morgan Chase, adding an estimated $902K. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $991K sold.
- 22 institutional investors held Perion Network (PERI) as of Q4 2016, down from 27 in Q3 2016.
- Funds reported $16.7M of Perion Network stock for Q4 2016, up 18% quarter-over-quarter.
- 3 funds opened new Perion Network positions in Q4 2016 and 8 closed out, a net change of -5 holders.
- The largest Perion Network buyer in Q4 2016 was JP Morgan Chase, an estimated $902K added.
- The largest Perion Network seller in Q4 2016 was Migdal Insurance & Financial Holdings, an estimated $991K sold.
Based on aggregated 13F filings for Q4 2016.