PowerFleet Inc
AIOT
51 hedge funds and large institutions have $52.9M invested in PowerFleet Inc in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 9 closing their positions.
42% more call options, than puts
Call options by funds: $769K | Put options by funds: $541K
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
2.4% more ownership
Funds ownership: 65.1% → 67.5% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 57 → 51 (-6)
24% less capital invested
Capital invested by funds: $69.4M → $52.9M (-$16.5M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.6M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$988K |
| 3 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$631K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$311K |
| 5 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$73.7K |
Top Sellers
AIOT Hedge Fund Activity: Q2 2022 in Review
51 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in PowerFleet Inc (AIOT) for Q2 2022, worth a combined $52.9M — down 24% from $69.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of AIOT and 3 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $2.6M. The largest seller was Penn Capital Management, exiting entirely with an estimated $715K sold.
- 51 institutional investors held PowerFleet Inc (AIOT) as of Q2 2022, down from 57 in Q1 2022.
- Funds reported $52.9M of PowerFleet Inc stock for Q2 2022, down 24% quarter-over-quarter.
- 3 funds opened new PowerFleet Inc positions in Q2 2022 and 9 closed out, a net change of -6 holders.
- The largest PowerFleet Inc buyer in Q2 2022 was Cannell Capital, an estimated $2.6M added.
- The largest PowerFleet Inc seller in Q2 2022 was Penn Capital Management, an estimated $715K sold.
Based on aggregated 13F filings for Q2 2022.