Advisory Research’s PhenixFIN PFX Stock Holding History

Advisory Research’s Portfolio PFX Stock Details PFX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-9,828	Closed	-$1.03M	–	411
2017 Q4	$1.03M	Sell	9,828 -19,884	-67%	-$2.27M	0.02%	272
2017 Q3	$3.55M	Buy	29,712 +2,514	+9%	+$312K	0.06%	172
2017 Q2	$3.48M	Buy	27,198 +5,879	+28%	+$799K	0.05%	176
2017 Q1	$3.28M	Buy	21,319 +9,620	+82%	+$1.47M	0.05%	203
2016 Q4	$1.76M	Buy	11,699 +6,780	+138%	+$1.04M	0.03%	222
2016 Q3	$751K	Buy	+4,919	New	+$730K	0.01%	190
2014 Q2	–	Sell	-2,783	Closed	-$758K	–	587
2014 Q1	$758K	Sell	2,783 -2,426	-47%	-$678K	0.01%	271
2013 Q4	$1.44M	Buy	+5,209	New	+$1.46M	0.01%	219

Other funds holding PFX

AFG

American Financial Group Cincinnati, Ohio $270M AUM 3.25% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

PAM

PVG Asset Management Golden, Colorado $173M AUM 64.51% 1-Year Est. Return

RAM

Roumell Asset Management Chevy Chase, Maryland $53.3M AUM 8.91% 1-Year Est. Return

Ares Management Los Angeles, California $1.52B AUM 12.97% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

CIM

Confluence Investment Management St. Louis, Missouri $6.4B AUM 9.79% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Rational Advisors Huntington, New York $980M AUM 9.86% 1-Year Est. Return

Advisory Research's PFX Position: Q1 2018 in Review

Advisory Research sold out of PhenixFIN (PFX) in Q1 2018, closing a stake of 9,828 shares — an estimated $1.03M sold.

Advisory Research first reported a position in PFX in Q4 2013 and held it in 8 quarters. The position peaked at $3.55M in Q3 2017. 79 funds tracked by Wall St. Rank hold PFX as of Q1 2018.

Advisory Research reported no remaining PhenixFIN position as of Q1 2018 after selling out during the quarter.
Advisory Research sold 9,828 PhenixFIN shares in Q1 2018, an estimated $1.03M.
Advisory Research first reported a position in PhenixFIN in Q4 2013 and held it in 8 quarters.
Advisory Research's PhenixFIN position peaked at $3.55M in Q3 2017.
79 funds tracked by Wall St. Rank held PhenixFIN as of Q1 2018.

Based on Advisory Research's 13F filing for Q1 2018, filed 15 May 2018.