PC Connection
CNXN
85 hedge funds and large institutions have $234M invested in PC Connection in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 8 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
15% more capital invested
Capital invested by funds: $204M → $234M (+$30.7M)
4% less funds holding
Funds holding: 89 → 85 (-4)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$9.24M |
| 2 |
Axa
Paris,
France
|
+$910K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$884K |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$673K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$656K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
-$3.92M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.61M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.71M |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$1.61M |
| 5 |
Morgan Stanley
New York
|
-$558K |
CNXN Hedge Fund Activity: Q4 2014 in Review
85 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2014, worth a combined $234M — up 15% from $204M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CNXN and 5 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 33 added.
The largest buyer was Royce & Associates, adding an estimated $9.24M. The largest seller was New England Investment & Retirement Group, exiting entirely with an estimated $3.92M sold.
- 85 institutional investors held PC Connection (CNXN) as of Q4 2014, down from 89 in Q3 2014.
- Funds reported $234M of PC Connection stock for Q4 2014, up 15% quarter-over-quarter.
- 5 funds opened new PC Connection positions in Q4 2014 and 8 closed out, a net change of -3 holders.
- The largest PC Connection buyer in Q4 2014 was Royce & Associates, an estimated $9.24M added.
- The largest PC Connection seller in Q4 2014 was New England Investment & Retirement Group, an estimated $3.92M sold.
Based on aggregated 13F filings for Q4 2014.