Perion Network
PERI
199 hedge funds and large institutions have $1.06B invested in Perion Network in 2023 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 55 increasing their positions, 60 reducing their positions, and 14 closing their positions.
336% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 14
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
68% more capital invested
Capital invested by funds: $631M → $1.06B (+$426M)
28% more funds holding
Funds holding: 156 → 199 (+43)
1.73% more ownership
Funds ownership: 55.69% → 57.42% (+1.7%)
6% less call options, than puts
Call options by funds: $72.5M | Put options by funds: $77.1M
8% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$19.5M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$14.4M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$13.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.4M |
| 5 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$71.7M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$12.6M |
| 3 |
Millennium Management
New York
|
-$9.38M |
| 4 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$6.54M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.53M |
PERI Hedge Fund Activity: Q1 2023 in Review
199 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q1 2023, worth a combined $1.06B — up 68% from $631M a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new PERI positions and 14 closed out — a net gain of 47 holders — while 55 added to existing stakes and 60 trimmed.
The largest buyer was Congress Asset Management, adding an estimated $19.5M. The largest seller was Phoenix Financial, cutting an estimated $71.7M.
- 199 institutional investors held Perion Network (PERI) as of Q1 2023, up from 156 in Q4 2022.
- Funds reported $1.06B of Perion Network stock for Q1 2023, up 68% quarter-over-quarter.
- 61 funds opened new Perion Network positions in Q1 2023 and 14 closed out, a net change of +47 holders.
- The largest Perion Network buyer in Q1 2023 was Congress Asset Management, an estimated $19.5M added.
- The largest Perion Network seller in Q1 2023 was Phoenix Financial, an estimated $71.7M sold.
Based on aggregated 13F filings for Q1 2023.