PowerFleet Inc
AIOT
40 hedge funds and large institutions have $65.4M invested in PowerFleet Inc in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
25% more funds holding
Funds holding: 32 → 40 (+8)
18% more capital invested
Capital invested by funds: $55.3M → $65.4M (+$10.1M)
7.9% more ownership
Funds ownership: 54.6% → 62.5% (+7.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
+$2.33M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.3M |
| 3 |
BA
Bard Associates
Chicago,
Illinois
|
+$1.4M |
| 4 |
AIC
AWM Investment Company
New York
|
+$1.25M |
| 5 |
Renaissance Technologies
New York
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$2.73M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$15K |
| 3 |
Bank of New York Mellon
New York
|
-$12K |
| 4 |
BlackRock
New York
|
-$11.3K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2K |
AIOT Hedge Fund Activity: Q1 2019 in Review
40 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q1 2019, worth a combined $65.4M — up 18% from $55.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AIOT positions and 2 closed out — a net gain of 8 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was 22NW LP, adding an estimated $2.33M. The largest seller was B. Riley Financial, cutting an estimated $2.73M.
- 40 institutional investors held PowerFleet Inc (AIOT) as of Q1 2019, up from 32 in Q4 2018.
- Funds reported $65.4M of PowerFleet Inc stock for Q1 2019, up 18% quarter-over-quarter.
- 10 funds opened new PowerFleet Inc positions in Q1 2019 and 2 closed out, a net change of +8 holders.
- The largest PowerFleet Inc buyer in Q1 2019 was 22NW LP, an estimated $2.33M added.
- The largest PowerFleet Inc seller in Q1 2019 was B. Riley Financial, an estimated $2.73M sold.
Based on aggregated 13F filings for Q1 2019.