PowerFleet Inc
AIOT
71 hedge funds and large institutions have $74.7M invested in PowerFleet Inc in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 9 closing their positions.
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
50% more capital invested
Capital invested by funds: $49.9M → $74.7M (+$24.8M)
20% more funds holding
Funds holding: 59 → 71 (+12)
5.58% more ownership
Funds ownership: 48.7% → 54.28% (+5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$6.24M |
| 2 |
BlackRock
New York
|
+$5.42M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$1.71M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.35M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$3.69M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$3.05M |
| 3 |
Millennium Management
New York
|
-$1.07M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$909K |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$796K |
AIOT Hedge Fund Activity: Q2 2020 in Review
71 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q2 2020, worth a combined $74.7M — up 50% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AIOT positions and 9 closed out — a net gain of 12 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Private Capital Management (Florida), opening a new position worth an estimated $6.24M. The largest seller was Cannell Capital, cutting an estimated $3.69M.
- 71 institutional investors held PowerFleet Inc (AIOT) as of Q2 2020, up from 59 in Q1 2020.
- Funds reported $74.7M of PowerFleet Inc stock for Q2 2020, up 50% quarter-over-quarter.
- 21 funds opened new PowerFleet Inc positions in Q2 2020 and 9 closed out, a net change of +12 holders.
- The largest PowerFleet Inc buyer in Q2 2020 was Private Capital Management (Florida), an estimated $6.24M added.
- The largest PowerFleet Inc seller in Q2 2020 was Cannell Capital, an estimated $3.69M sold.
Based on aggregated 13F filings for Q2 2020.