PC Connection
CNXN
87 hedge funds and large institutions have $215M invested in PC Connection in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 8 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 90 → 87 (-3)
16% less capital invested
Capital invested by funds: $256M → $215M (-$41.6M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$937K |
| 2 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$926K |
| 3 |
Renaissance Technologies
New York
|
+$904K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$849K |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$769K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$5.33M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.48M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.46M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$533K |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$499K |
CNXN Hedge Fund Activity: Q3 2015 in Review
87 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q3 2015, worth a combined $215M — down 16% from $256M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CNXN and 5 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 36 added.
The largest buyer was Paradigm Capital Management Inc, opening a new position worth an estimated $937K. The largest seller was Royce & Associates, cutting an estimated $5.33M.
- 87 institutional investors held PC Connection (CNXN) as of Q3 2015, down from 90 in Q2 2015.
- Funds reported $215M of PC Connection stock for Q3 2015, down 16% quarter-over-quarter.
- 5 funds opened new PC Connection positions in Q3 2015 and 8 closed out, a net change of -3 holders.
- The largest PC Connection buyer in Q3 2015 was Paradigm Capital Management Inc, an estimated $937K added.
- The largest PC Connection seller in Q3 2015 was Royce & Associates, an estimated $5.33M sold.
Based on aggregated 13F filings for Q3 2015.