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PC Connection

110 hedge funds and large institutions have $476M invested in PC Connection in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 50 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.2% less ownership

Funds ownership: 41.5%41.3% (-0.2%)

4% less funds holding

Funds holding: 115110 (-5)

5% less capital invested

Capital invested by funds: $502M → $476M (-$26.2M)

42% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 50

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $9K

Holders
110
Holders Change
-5
Holders Change %
-4.35%
% of All Funds
1.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
29
Reduced
50
Closed
9
Calls
Puts
$9K
Net Calls
-$9K
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$1.96M -$53.4K -1,164 -3%
ETM
27
Euclidean Technologies Management
Washington
$1.7M
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$1.44M -$106K -2,302 -7%
Goldman Sachs
29
Goldman Sachs
New York
$1.4M +$235K +5,130 +19%
ZCM
30
Zebra Capital Management
Connecticut
$1.29M +$100K +2,188 +8%
PPA
31
Parametric Portfolio Associates
Washington
$1.26M -$79K -1,723 -6%
WG
32
Winton Group
United Kingdom
$1.21M -$35.4K -773 -3%
Legal & General Group
33
Legal & General Group
United Kingdom
$1.16M +$107K +2,328 +10%
Swiss National Bank
34
Swiss National Bank
Switzerland
$1.15M
JIR
35
James Investment Research
Ohio
$1.14M
Assenagon Asset Management
36
Assenagon Asset Management
Luxembourg
$1.12M +$545K +11,895 +88%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$1.03M +$18.9K +413 +2%
Public Sector Pension Investment Board (PSP Investments)
38
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$990K
Bank of America
39
Bank of America
North Carolina
$875K +$39.8K +868 +5%
PRCP
40
Pacific Ridge Capital Partners
Oregon
$865K +$36.7K +800 +4%
AQR Capital Management
41
AQR Capital Management
Connecticut
$769K
MAM
42
Martingale Asset Management
Massachusetts
$745K +$417K +9,100 +117%
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$699K +$29.1K +634 +4%
Norges Bank
44
Norges Bank
Norway
$682K -$339K -7,400 -32%
BNP Paribas Financial Markets
45
BNP Paribas Financial Markets
France
$676K +$251K +5,487 +56%
SO
46
STRS Ohio
Ohio
$651K -$133K -2,900 -16%
SG Americas Securities
47
SG Americas Securities
New York
$650K +$676K +14,759 New
Barclays
48
Barclays
United Kingdom
$608K +$273K +5,960 +76%
HSBC Holdings
49
HSBC Holdings
United Kingdom
$480K -$64.4K -1,405 -12%
Comerica Bank
50
Comerica Bank
Texas
$438K -$10.2K -223 -2%

CNXN Hedge Fund Activity: Q3 2021 in Review

110 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q3 2021, worth a combined $476M — down 5.2% from $502M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of CNXN and 4 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 29 added.

The largest buyer was Invesco, adding an estimated $7M. The largest seller was Brown Advisory, cutting an estimated $2.32M.

  • 110 institutional investors held PC Connection (CNXN) as of Q3 2021, down from 115 in Q2 2021.
  • Funds reported $476M of PC Connection stock for Q3 2021, down 5.2% quarter-over-quarter.
  • 4 funds opened new PC Connection positions in Q3 2021 and 9 closed out, a net change of -5 holders.
  • The largest PC Connection buyer in Q3 2021 was Invesco, an estimated $7M added.
  • The largest PC Connection seller in Q3 2021 was Brown Advisory, an estimated $2.32M sold.

Based on aggregated 13F filings for Q3 2021.