PowerFleet Inc
AIOT
33 hedge funds and large institutions have $51.5M invested in PowerFleet Inc in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 7 closing their positions.
3.98% less ownership
Funds ownership: 46.52% → 42.54% (-4%)
8% less funds holding
Funds holding: 36 → 33 (-3)
15% less capital invested
Capital invested by funds: $60.7M → $51.5M (-$9.23M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$2.38M |
| 2 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$515K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$243K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$110K |
| 5 |
Renaissance Technologies
New York
|
+$13.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$6.34M |
| 2 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$863K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$554K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$204K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$195K |
AIOT Hedge Fund Activity: Q4 2017 in Review
33 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q4 2017, worth a combined $51.5M — down 15% from $60.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AIOT and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Archon Capital Management, adding an estimated $2.38M. The largest seller was Sterling Capital Management, exiting entirely with an estimated $6.34M sold.
- 33 institutional investors held PowerFleet Inc (AIOT) as of Q4 2017, down from 36 in Q3 2017.
- Funds reported $51.5M of PowerFleet Inc stock for Q4 2017, down 15% quarter-over-quarter.
- 4 funds opened new PowerFleet Inc positions in Q4 2017 and 7 closed out, a net change of -3 holders.
- The largest PowerFleet Inc buyer in Q4 2017 was Archon Capital Management, an estimated $2.38M added.
- The largest PowerFleet Inc seller in Q4 2017 was Sterling Capital Management, an estimated $6.34M sold.
Based on aggregated 13F filings for Q4 2017.