PC Connection
CNXN
125 hedge funds and large institutions have $569M invested in PC Connection in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
22% more capital invested
Capital invested by funds: $468M → $569M (+$101M)
3% more funds holding
Funds holding: 121 → 125 (+4)
0.05% less ownership
Funds ownership: 41.39% → 41.34% (-0.05%)
12% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$3.73M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.75M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.39M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.23M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$2.03M |
| 2 |
Millennium Management
New York
|
-$1.62M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.23M |
| 4 |
Goldman Sachs
New York
|
-$1.06M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.05M |
CNXN Hedge Fund Activity: Q1 2022 in Review
125 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q1 2022, worth a combined $569M — up 22% from $468M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CNXN positions and 13 closed out — a net gain of 4 holders — while 43 added to existing stakes and 49 trimmed.
The largest buyer was Mawer Investment Management, adding an estimated $3.73M. The largest seller was State Street, cutting an estimated $2.03M.
- 125 institutional investors held PC Connection (CNXN) as of Q1 2022, up from 121 in Q4 2021.
- Funds reported $569M of PC Connection stock for Q1 2022, up 22% quarter-over-quarter.
- 17 funds opened new PC Connection positions in Q1 2022 and 13 closed out, a net change of +4 holders.
- The largest PC Connection buyer in Q1 2022 was Mawer Investment Management, an estimated $3.73M added.
- The largest PC Connection seller in Q1 2022 was State Street, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2022.