Perion Network
PERI
44 hedge funds and large institutions have $33M invested in Perion Network in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
7% more capital invested
Capital invested by funds: $30.9M → $33M (+$2.15M)
6.35% more ownership
Funds ownership: 18.92% → 25.27% (+6.4%)
5% more funds holding
Funds holding: 42 → 44 (+2)
33% less call options, than puts
Call options by funds: $211K | Put options by funds: $313K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$11.2M |
| 2 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$3.04M |
| 3 |
Renaissance Technologies
New York
|
+$2.62M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$876K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$814K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.05M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$840K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$689K |
| 4 |
Jane Street
New York
|
-$603K |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$597K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$54K | -8,782 | Closed |
|
52
Marshall Wace
London,
United Kingdom
| – | -$40K | -6,352 | Closed |
|
53
UBS Group
Zurich,
Switzerland
| – | -$40K | -6,352 | Closed |
|
54
Group One Trading
Chicago,
Illinois
| – | -$9K | -1,471 | Closed |
|
|
BRC
55
Bell Rock Capital
Rehoboth Beach,
Delaware
| – | -$2K | -333 | Closed |
|
|
PI
56
PEAK6 Investments
Chicago,
Illinois
| – | +$388 | +54 | New |
|
PERI Hedge Fund Activity: Q1 2020 in Review
44 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q1 2020, worth a combined $33M — up 7% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PERI positions and 12 closed out — a net gain of 4 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Private Capital Management (Florida), adding an estimated $11.2M. The largest seller was JP Morgan Chase, cutting an estimated $4.05M.
- 44 institutional investors held Perion Network (PERI) as of Q1 2020, up from 42 in Q4 2019.
- Funds reported $33M of Perion Network stock for Q1 2020, up 7% quarter-over-quarter.
- 16 funds opened new Perion Network positions in Q1 2020 and 12 closed out, a net change of +4 holders.
- The largest Perion Network buyer in Q1 2020 was Private Capital Management (Florida), an estimated $11.2M added.
- The largest Perion Network seller in Q1 2020 was JP Morgan Chase, an estimated $4.05M sold.
Based on aggregated 13F filings for Q1 2020.