PowerFleet Inc
AIOT
45 hedge funds and large institutions have $68.1M invested in PowerFleet Inc in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 7 closing their positions.
100% more call options, than puts
Call options by funds: $2K | Put options by funds: $1K
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
1.39% less ownership
Funds ownership: 64.23% → 62.84% (-1.4%)
8% less funds holding
Funds holding: 49 → 45 (-4)
15% less capital invested
Capital invested by funds: $79.7M → $68.1M (-$11.6M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
+$3.75M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.12M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$418K |
| 4 |
Renaissance Technologies
New York
|
+$346K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$296K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$9.97M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$238K |
| 3 |
Jane Street
New York
|
-$163K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$109K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$89.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7 | -2 | Closed |
|
|
VFA
52
Values First Advisors
Gray,
Tennessee
| – | -$7 | -2 | Closed |
|
AIOT Hedge Fund Activity: Q2 2023 in Review
45 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q2 2023, worth a combined $68.1M — down 15% from $79.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AIOT and 3 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 19 added.
The largest buyer was AWM Investment Company, adding an estimated $3.75M. The largest seller was Cannell Capital, exiting entirely with an estimated $9.97M sold.
- 45 institutional investors held PowerFleet Inc (AIOT) as of Q2 2023, down from 49 in Q1 2023.
- Funds reported $68.1M of PowerFleet Inc stock for Q2 2023, down 15% quarter-over-quarter.
- 3 funds opened new PowerFleet Inc positions in Q2 2023 and 7 closed out, a net change of -4 holders.
- The largest PowerFleet Inc buyer in Q2 2023 was AWM Investment Company, an estimated $3.75M added.
- The largest PowerFleet Inc seller in Q2 2023 was Cannell Capital, an estimated $9.97M sold.
Based on aggregated 13F filings for Q2 2023.