Perion Network
PERI
28 hedge funds and large institutions have $23.4M invested in Perion Network in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 3 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
40% more capital invested
Capital invested by funds: $16.7M → $23.4M (+$6.75M)
27% more funds holding
Funds holding: 22 → 28 (+6)
0.61% more ownership
Funds ownership: 5.04% → 5.65% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$1.52M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$399K |
| 3 |
Renaissance Technologies
New York
|
+$347K |
| 4 |
Morgan Stanley
New York
|
+$98.4K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$77.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Menta Capital
San Francisco,
California
|
-$79K |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$30K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$19K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$16K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$12.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
26
GSA Capital Partners
London,
United Kingdom
| – | -$19K | -4,458 | Closed |
|
|
27
Wolverine Trading
Chicago,
Illinois
| – | -$16K | -3,729 | Closed |
|
|
CG
28
Cutler Group
San Francisco,
California
| – | -$12.7K | -2,290 | -99% |
|
29
UBS Group
Zurich,
Switzerland
| – | +$28 | +5 | New |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| – | +$260 | +47 | New |
|
PERI Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q1 2017, worth a combined $23.4M — up 40% from $16.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PERI positions and 3 closed out — a net gain of 7 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $1.52M. The largest seller was Menta Capital, exiting entirely with an estimated $79K sold.
- 28 institutional investors held Perion Network (PERI) as of Q1 2017, up from 22 in Q4 2016.
- Funds reported $23.4M of Perion Network stock for Q1 2017, up 40% quarter-over-quarter.
- 10 funds opened new Perion Network positions in Q1 2017 and 3 closed out, a net change of +7 holders.
- The largest Perion Network buyer in Q1 2017 was Migdal Insurance & Financial Holdings, an estimated $1.52M added.
- The largest Perion Network seller in Q1 2017 was Menta Capital, an estimated $79K sold.
Based on aggregated 13F filings for Q1 2017.