PowerFleet Inc
AIOT
59 hedge funds and large institutions have $49.9M invested in PowerFleet Inc in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 10 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
0.34% less ownership
Funds ownership: 49.09% → 48.75% (-0.34%)
6% less funds holding
Funds holding: 63 → 59 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
48% less capital invested
Capital invested by funds: $95.2M → $49.9M (-$45.3M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$3.32M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$2.97M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$2.78M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.72M |
| 5 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$5.85M |
| 2 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.47M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$651K |
| 4 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$622K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$470K |
AIOT Hedge Fund Activity: Q1 2020 in Review
59 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q1 2020, worth a combined $49.9M — down 48% from $95.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AIOT and 8 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was North Run Capital, adding an estimated $3.32M. The largest seller was Archon Capital Management, exiting entirely with an estimated $5.85M sold.
- 59 institutional investors held PowerFleet Inc (AIOT) as of Q1 2020, down from 63 in Q4 2019.
- Funds reported $49.9M of PowerFleet Inc stock for Q1 2020, down 48% quarter-over-quarter.
- 8 funds opened new PowerFleet Inc positions in Q1 2020 and 10 closed out, a net change of -2 holders.
- The largest PowerFleet Inc buyer in Q1 2020 was North Run Capital, an estimated $3.32M added.
- The largest PowerFleet Inc seller in Q1 2020 was Archon Capital Management, an estimated $5.85M sold.
Based on aggregated 13F filings for Q1 2020.