PC Connection
CNXN
83 hedge funds and large institutions have $119M invested in PC Connection in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $121M → $119M (-$2.75M)
2% less funds holding
Funds holding: 85 → 83 (-2)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.58M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$961K |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$880K |
| 4 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$747K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$992K |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$881K |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$844K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$780K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$595K |
CNXN Hedge Fund Activity: Q3 2013 in Review
83 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q3 2013, worth a combined $119M — down 2.3% from $121M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CNXN and 7 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Paradigm Capital Management Inc, opening a new position worth an estimated $3.58M. The largest seller was TFS Capital, exiting entirely with an estimated $992K sold.
- 83 institutional investors held PC Connection (CNXN) as of Q3 2013, down from 85 in Q2 2013.
- Funds reported $119M of PC Connection stock for Q3 2013, down 2.3% quarter-over-quarter.
- 7 funds opened new PC Connection positions in Q3 2013 and 9 closed out, a net change of -2 holders.
- The largest PC Connection buyer in Q3 2013 was Paradigm Capital Management Inc, an estimated $3.58M added.
- The largest PC Connection seller in Q3 2013 was TFS Capital, an estimated $992K sold.
Based on aggregated 13F filings for Q3 2013.