PowerFleet Inc
AIOT
26 hedge funds and large institutions have $31.1M invested in PowerFleet Inc in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
19% more capital invested
Capital invested by funds: $26.1M → $31.1M (+$4.97M)
4% less funds holding
Funds holding: 27 → 26 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$1.53M |
| 2 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
+$178K |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$152K |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$117K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.2M |
| 2 |
DM
Diker Management
New York
|
-$298K |
| 3 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$179K |
| 4 |
GCM
Goldman Capital Management
New York
|
-$101K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$30.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSC
26
Prentiss Smith & Co
Brattleboro,
Vermont
| $1K | – | – | – |
|
|
NRCM
27
Northern Right Capital Management
Darien,
Connecticut
| – | -$179K | -35,660 | Closed |
|
|
GCM
28
Goldman Capital Management
New York
| – | -$101K | -20,000 | Closed |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -236 | Closed |
|
AIOT Hedge Fund Activity: Q3 2013 in Review
26 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q3 2013, worth a combined $31.1M — up 19% from $26.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of AIOT and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Senvest Management, adding an estimated $1.53M. The largest seller was Wellington Management Group, cutting an estimated $2.2M.
- 26 institutional investors held PowerFleet Inc (AIOT) as of Q3 2013, down from 27 in Q2 2013.
- Funds reported $31.1M of PowerFleet Inc stock for Q3 2013, up 19% quarter-over-quarter.
- 3 funds opened new PowerFleet Inc positions in Q3 2013 and 4 closed out, a net change of -1 holder.
- The largest PowerFleet Inc buyer in Q3 2013 was Senvest Management, an estimated $1.53M added.
- The largest PowerFleet Inc seller in Q3 2013 was Wellington Management Group, an estimated $2.2M sold.
Based on aggregated 13F filings for Q3 2013.