Perion Network
PERI
83 hedge funds and large institutions have $234M invested in Perion Network in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 18 closing their positions.
108% more capital invested
Capital invested by funds: $113M → $234M (+$121M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
22% more call options, than puts
Call options by funds: $33.2M | Put options by funds: $27.2M
9% more funds holding
Funds holding: 76 → 83 (+7)
5.85% more ownership
Funds ownership: 32.84% → 38.68% (+5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$23.1M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
+$18.3M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.65M |
| 5 |
JP Morgan Chase
New York
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$14M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.23M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$3.65M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.57M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$2.46M |
PERI Hedge Fund Activity: Q1 2021 in Review
83 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Perion Network (PERI) for Q1 2021, worth a combined $234M — up 108% from $113M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PERI positions and 18 closed out — a net gain of 7 holders — while 31 added to existing stakes and 20 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $23.1M. The largest seller was Private Capital Management (Florida), cutting an estimated $14M.
- 83 institutional investors held Perion Network (PERI) as of Q1 2021, up from 76 in Q4 2020.
- Funds reported $234M of Perion Network stock for Q1 2021, up 108% quarter-over-quarter.
- 25 funds opened new Perion Network positions in Q1 2021 and 18 closed out, a net change of +7 holders.
- The largest Perion Network buyer in Q1 2021 was Driehaus Capital Management, an estimated $23.1M added.
- The largest Perion Network seller in Q1 2021 was Private Capital Management (Florida), an estimated $14M sold.
Based on aggregated 13F filings for Q1 2021.