Perion Network
PERI
23 hedge funds and large institutions have $7.1M invested in Perion Network in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0.45% less ownership
Funds ownership: 4.27% → 3.81% (-0.45%)
4% less funds holding
Funds holding: 24 → 23 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
30% less capital invested
Capital invested by funds: $10.1M → $7.1M (-$3.02M)
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$157K |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$38.7K |
| 3 |
VF
Virtu Financial
New York
|
+$24.2K |
| 4 |
GIA
GHP Investment Advisors
Denver,
Colorado
|
+$22.8K |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$522K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$347K |
| 3 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$117K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$86.6K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$53.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$16K | -5,310 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$696 | -240 | -65% |
|
PERI Hedge Fund Activity: Q1 2018 in Review
23 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q1 2018, worth a combined $7.1M — down 30% from $10.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PERI and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 2 added.
The largest buyer was Renaissance Technologies, adding an estimated $157K. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $522K.
- 23 institutional investors held Perion Network (PERI) as of Q1 2018, down from 24 in Q4 2017.
- Funds reported $7.1M of Perion Network stock for Q1 2018, down 30% quarter-over-quarter.
- 4 funds opened new Perion Network positions in Q1 2018 and 5 closed out, a net change of -1 holder.
- The largest Perion Network buyer in Q1 2018 was Renaissance Technologies, an estimated $157K added.
- The largest Perion Network seller in Q1 2018 was Migdal Insurance & Financial Holdings, an estimated $522K sold.
Based on aggregated 13F filings for Q1 2018.