Mangrove Partners’s PhenixFIN PFX Stock Holding History

Mangrove Partners’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
2016 Q3	–	Sell	-18,963	Closed	-$2.54M	–	27
2016 Q2	$2.54M	Hold	18,963	–	–	0.63%	26
2016 Q1	$2.5M	Sell	18,963 -11,823	-38%	-$1.51M	0.51%	31
2015 Q4	$4.63M	Hold	30,786	–	–	1.15%	27
2015 Q3	$4.58M	Buy	30,786 +7,176	+30%	+$1.22M	1.05%	30
2015 Q2	$4.21M	Hold	23,610	–	–	1.04%	27
2015 Q1	$4.32M	Buy	+23,610	New	+$4.39M	1.04%	28

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

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

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

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

CIM

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

Muzinich & Co New York $286M AUM 21.05% 1-Year Est. Return

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

Mangrove Partners's PFX Position: Q3 2016 in Review

Mangrove Partners sold out of PhenixFIN (PFX) in Q3 2016, closing a stake of 18,963 shares — an estimated $2.54M sold.

Mangrove Partners first reported a position in PFX in Q1 2015 and held it in 6 quarters. The position peaked at $4.63M in Q4 2015. 101 funds tracked by Wall St. Rank hold PFX as of Q3 2016.

Mangrove Partners reported no remaining PhenixFIN position as of Q3 2016 after selling out during the quarter.
Mangrove Partners sold 18,963 PhenixFIN shares in Q3 2016, an estimated $2.54M.
Mangrove Partners first reported a position in PhenixFIN in Q1 2015 and held it in 6 quarters.
Mangrove Partners's PhenixFIN position peaked at $4.63M in Q4 2015.
101 funds tracked by Wall St. Rank held PhenixFIN as of Q3 2016.

Based on Mangrove Partners's 13F filing for Q3 2016, filed 14 Nov 2016.