Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pegasystems Inc (PEGA)

428 + Investors. Track Smart Money conviction in PEGA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -45
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — PEGA

Based on 436 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PEGA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
436 funds currently hold this stock — 91% of the 3.0-year high of 481 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

245 buying274 selling
Last quarter: 274 funds reduced or exited vs 245 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-27 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 78 → 99 → 98 → 71. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 26% medium ■ 25% new
212 out of 436 hedge funds have held PEGA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +7%, value -25%

Value
-25%
Shares
+6%
Last quarter: funds added +7% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~71 new funds/quarter

148 → 78 → 99 → 98 → 71 new funds/Q
New funds entering each quarter: 78 → 99 → 98 → 71. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 30% newcomers

■ 56% veterans ■ 14% 1-2yr ■ 30% new
Entry-cohort mix of 446 holders: 249 (56%) are 2+ year veterans, 61 entered 1–2 years ago, and 136 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
59 of 432 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PEGA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PEGA

In 2026 Q2, 245 hedge funds were net buyers of PEGA (71 opened a new position, 174 added to an existing one), while 274 reduced or exited (158 trimmed, 116 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 58% of total institutional value in PEGA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -45 funds (more exits than new entries). Total institutional holders: 436.

Hedge Fund Ownership: PEGA

How many hedge funds hold PEGA — quarterly history vs. share price
Quarterly hedge fund ownership of PEGA vs. share price

Market Analysis: PEGA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PEGA

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: PEGA
428 + Investors

Track Smart Money conviction in PEGA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 428 481 -11.02%
13F Shares 95M 92M 3.34%
Total Value $2.70B $3.76B -28.07%
New Positions 69 98 -29
Increased Positions 172 205 -33
Closed Positions 118 85 +33
Reduced Positions 154 134 +20
Total Calls 7 5 40.0%
Total Puts 6 8 -25.0%
PUT/CALL Ratio 0.86 1.6 Neutral

Statistics: PEGA

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Financial Highlights

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Institutional Holders (2026 Q2)

428 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PEGA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PEGA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lynrock Lake LP 3.37% 1,782,640 $53.4M
2 HERALD INVESTMENT MANAGEMENT Ltd 2.25% 554,450 $16.6M
3 Capital Impact Advisors, LLC 1.90% 1,133,361 $34.0M
4 Harber Asset Management LLC 1.88% 104,579 $3.1M
5 Ranger Investment Management, L.P. 1.66% 873,139 $26.2M
6 Wedbush Fund Advisers, LLC 1.41% 227,503 $13.6M
7 Copeland Capital Management, LLC 0.87% 1,406,961 $42.2M
8 Summit Creek Advisors LLC 0.85% 82,928 $2.5M
9 Ironwood Investment Management LLC 0.82% 78,843 $2.4M
10 1492 Capital Management LLC 0.81% 92,045 $2.8M
11 Renaissance Group LLC 0.69% 567,729 $17.0M
12 Axq Capital, LP 0.64% 197,535 $5.9M
13 Pier Capital, LLC 0.54% 137,080 $4.1M
14 Lifestyle Asset Management, Inc. 0.45% 55,750 $1.7M
15 Point Nemo Capital, LLC 0.41% 27,104 $812K
16 Crawford Investment Counsel Inc 0.39% 775,875 $23.3M
17 Icon Advisers Inc/Co 0.37% 65,493 $2.0M
18 Luxor Capital Group, LP 0.31% 256,513 $7.7M
19 Fluent Financial, LLC 0.26% 24,668 $739K
20 Essex Investment Management Co LLC 0.26% 65,597 $2.0M
21 Unique Wealth Strategies, LLC 0.25% 10,871 $649K
22 Buckland Partners Management Co LLC 0.25% 17,000 $509K
23 Caitlin John, LLC 0.22% 13,323 $399K
24 Odyssean, LLC 0.20% 40,197 $1.2M
25 Inceptionr LLC 0.18% 25,005 $749K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pegasystems Inc (PEGA)

What does the Smart Money Trend signal show for PEGA?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PEGA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PEGA?

More sellers than buyers — 47% buying: Last quarter: 274 funds reduced or exited vs 245 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PEGA holders?

Elite ownership — 58% AUM from top-100 funds: 59 of 432 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PEGA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PEGA?

49% of holders stayed for 2+ years: 212 out of 436 hedge funds have held PEGA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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