Confluence Investment Management’s PhenixFIN PFX Stock Holding History

Confluence Investment Management’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
2023 Q3	–	Sell	-14,551	Closed	-$552K	–	304
2023 Q2	$552K	Hold	14,551	–	–	0.01%	226
2023 Q1	$531K	Hold	14,551	–	–	0.01%	226
2022 Q4	$453K	Hold	14,551	–	–	0.01%	243
2022 Q3	$501K	Hold	14,551	–	–	0.01%	230
2022 Q2	$525K	Sell	14,551 -9,449	-39%	-$368K	0.01%	227
2022 Q1	$974K	Hold	24,000	–	–	0.01%	205
2021 Q4	$1.01M	Buy	24,000 +665	+3%	+$28.1K	0.01%	208
2021 Q3	$1M	Hold	23,335	–	–	0.01%	209
2021 Q2	$948K	Hold	23,335	–	–	0.01%	207
2021 Q1	$768K	Hold	23,335	–	–	0.01%	213
2020 Q4	$665K	Hold	23,335	–	–	0.01%	227
2020 Q3	$416K	Sell	23,335 -1	-0%	-$15	0.01%	240
2020 Q2	$357K	Hold	23,336	–	–	0.01%	246
2020 Q1	$271K	Hold	23,336	–	–	0.01%	257
2019 Q4	$1.09M	Hold	23,336	–	–	0.02%	204
2019 Q3	$1.21M	Hold	23,336	–	–	0.02%	203
2019 Q2	$1.09M	Hold	23,336	–	–	0.02%	204
2019 Q1	$1.45M	Hold	23,336	–	–	0.02%	187
2018 Q4	$1.24M	Sell	23,336 -1,000	-4%	-$70.5K	0.02%	194
2018 Q3	$1.9M	Hold	24,336	–	–	0.03%	180
2018 Q2	$1.69M	Sell	24,336 -5,000	-17%	-$381K	0.03%	180
2018 Q1	$2.33M	Hold	29,336	–	–	0.04%	168
2017 Q4	$3.06M	Sell	29,336 -25	-0.1%	-$2.85K	0.06%	165
2017 Q3	$3.51M	Hold	29,361	–	–	0.07%	155
2017 Q2	$3.75M	Hold	29,361	–	–	0.08%	147
2017 Q1	$4.52M	Hold	29,361	–	–	0.1%	135
2016 Q4	$4.41M	Hold	29,361	–	–	0.11%	131
2016 Q3	$4.48M	Sell	29,361 -3,500	-11%	-$519K	0.12%	127
2016 Q2	$4.4M	Buy	32,861 +5,015	+18%	+$664K	0.12%	131
2016 Q1	$3.68M	Hold	27,846	–	–	0.11%	135
2015 Q4	$4.19M	Sell	27,846 -7,117	-20%	-$1.09M	0.14%	130
2015 Q3	$5.2M	Buy	34,963 +714	+2%	+$122K	0.19%	119
2015 Q2	$6.1M	Sell	34,249 -5,242	-13%	-$964K	0.22%	118
2015 Q1	$7.23M	Buy	39,491 +52	+0.1%	+$9.67K	0.27%	89
2014 Q4	$7.29M	Buy	39,439 +51	+0.1%	+$11.1K	0.3%	78
2014 Q3	$9.3M	Buy	39,388 +3	+0%	+$768	0.41%	67
2014 Q2	$10.3M	Buy	39,385 +2,436	+7%	+$624K	0.47%	64
2014 Q1	$10.1M	Sell	36,949 -560	-1%	-$156K	0.51%	62
2013 Q4	$10.4M	Sell	37,509 -900	-2%	-$252K	0.57%	60
2013 Q3	$10.6M	Buy	38,409 +1,552	+4%	+$432K	0.66%	53
2013 Q2	$10M	Buy	+36,857	New	+$10.8M	0.69%	50

Other funds holding PFX

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

ACM

Adalta Capital Management New York $209M AUM 19.54% 1-Year Est. Return

22NW LP Seattle, Washington $146M AUM 29.83% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

AFG

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

Legal & General Group London, United Kingdom $432B AUM 29.4% 1-Year Est. Return

Almitas Capital Santa Monica, California $443M AUM 42.36% 1-Year Est. Return

CLOS

Compagnie Lombard Odier SCmA 1204 Geneva, Switzerland $8.13B AUM 26.03% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

Allworth Financial Folsom, California $24.7B AUM 15.55% 1-Year Est. Return

Confluence Investment Management's PFX Position: Q3 2023 in Review

Confluence Investment Management sold out of PhenixFIN (PFX) in Q3 2023, closing a stake of 14,551 shares — an estimated $552K sold.

Confluence Investment Management first reported a position in PFX in Q2 2013 and held it in 41 quarters. The position peaked at $10.6M in Q3 2013. 16 funds tracked by Wall St. Rank hold PFX as of Q3 2023.

Confluence Investment Management reported no remaining PhenixFIN position as of Q3 2023 after selling out during the quarter.
Confluence Investment Management sold 14,551 PhenixFIN shares in Q3 2023, an estimated $552K.
Confluence Investment Management first reported a position in PhenixFIN in Q2 2013 and held it in 41 quarters.
Confluence Investment Management's PhenixFIN position peaked at $10.6M in Q3 2013.
16 funds tracked by Wall St. Rank held PhenixFIN as of Q3 2023.

Based on Confluence Investment Management's 13F filing for Q3 2023, filed 10 Oct 2023.