PC Connection
CNXN
106 hedge funds and large institutions have $299M invested in PC Connection in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 26 reducing their positions, and 10 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 26
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
7% more funds holding
Funds holding: 99 → 106 (+7)
0.82% more ownership
Funds ownership: 40.51% → 41.32% (+0.82%)
7% less capital invested
Capital invested by funds: $322M → $299M (-$23.2M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$4.3M |
| 2 |
ClearBridge Investments
New York
|
+$2.7M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.96M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.66M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.84M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$2.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.54M |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$1.45M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.28M |
CNXN Hedge Fund Activity: Q2 2017 in Review
106 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2017, worth a combined $299M — down 7.2% from $322M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CNXN positions and 10 closed out — a net gain of 7 holders — while 47 added to existing stakes and 26 trimmed.
The largest buyer was Tributary Capital Management, adding an estimated $4.3M. The largest seller was Royce & Associates, cutting an estimated $4.84M.
- 106 institutional investors held PC Connection (CNXN) as of Q2 2017, up from 99 in Q1 2017.
- Funds reported $299M of PC Connection stock for Q2 2017, down 7.2% quarter-over-quarter.
- 17 funds opened new PC Connection positions in Q2 2017 and 10 closed out, a net change of +7 holders.
- The largest PC Connection buyer in Q2 2017 was Tributary Capital Management, an estimated $4.3M added.
- The largest PC Connection seller in Q2 2017 was Royce & Associates, an estimated $4.84M sold.
Based on aggregated 13F filings for Q2 2017.