PC Connection
CNXN
147 hedge funds and large institutions have $437M invested in PC Connection in 2022 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 47 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
7% more funds holding
Funds holding: 138 → 147 (+9)
0% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 47
0.16% less ownership
Funds ownership: 42.63% → 42.47% (-0.16%)
14% less capital invested
Capital invested by funds: $505M → $437M (-$68.3M)
94% less call options, than puts
Call options by funds: $65K | Put options by funds: $1.17M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.34M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.43M |
| 3 |
State Street
Boston,
Massachusetts
|
+$983K |
| 4 |
RA
Royce & Associates
New York
|
+$974K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$933K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.73M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.72M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.25M |
| 5 |
Axa
Paris,
France
|
-$1.04M |
CNXN Hedge Fund Activity: Q4 2022 in Review
147 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2022, worth a combined $437M — down 14% from $505M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CNXN positions and 12 closed out — a net gain of 10 holders — while 47 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $4.34M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $5.4M sold.
- 147 institutional investors held PC Connection (CNXN) as of Q4 2022, up from 138 in Q3 2022.
- Funds reported $437M of PC Connection stock for Q4 2022, down 14% quarter-over-quarter.
- 22 funds opened new PC Connection positions in Q4 2022 and 12 closed out, a net change of +10 holders.
- The largest PC Connection buyer in Q4 2022 was BlackRock, an estimated $4.34M added.
- The largest PC Connection seller in Q4 2022 was Assenagon Asset Management, an estimated $5.4M sold.
Based on aggregated 13F filings for Q4 2022.