Perion Network
PERI
27 hedge funds and large institutions have $29.7M invested in Perion Network in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
27% more capital invested
Capital invested by funds: $23.4M → $29.7M (+$6.29M)
0.83% more ownership
Funds ownership: 5.65% → 6.48% (+0.83%)
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $20K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$2.26M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$424K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$255K |
| 4 |
Renaissance Technologies
New York
|
+$208K |
| 5 |
WVP
Worth Venture Partners
Fort Lee,
New Jersey
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$96K |
| 2 |
PCM
Prelude Capital Management
New York
|
-$26K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$20K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$17.5K |
| 5 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$9.23K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
VKH
27
Virtu KCG Holdings
New York
| – | -$96K | -17,956 | Closed |
|
|
PCM
28
Prelude Capital Management
New York
| – | -$26K | -4,839 | Closed |
|
|
29
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$20K | -3,800 | Closed |
|
30
Walleye Trading
New York
| – | -$1 | -233 | Closed |
|
PERI Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q2 2017, worth a combined $29.7M — up 27% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PERI and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 12 added.
The largest buyer was Ion Asset Management, opening a new position worth an estimated $2.26M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $96K sold.
- 27 institutional investors held Perion Network (PERI) as of Q2 2017, down from 28 in Q1 2017.
- Funds reported $29.7M of Perion Network stock for Q2 2017, up 27% quarter-over-quarter.
- 4 funds opened new Perion Network positions in Q2 2017 and 5 closed out, a net change of -1 holder.
- The largest Perion Network buyer in Q2 2017 was Ion Asset Management, an estimated $2.26M added.
- The largest Perion Network seller in Q2 2017 was Virtu KCG Holdings, an estimated $96K sold.
Based on aggregated 13F filings for Q2 2017.