PC Connection
CNXN
94 hedge funds and large institutions have $233M invested in PC Connection in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
9% more capital invested
Capital invested by funds: $215M → $233M (+$18.8M)
8% more funds holding
Funds holding: 87 → 94 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$5.19M |
| 2 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$1.47M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
+$1.14M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$678K |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
+$598K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.63M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$991K |
| 3 |
Morgan Stanley
New York
|
-$896K |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$686K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$663K |
CNXN Hedge Fund Activity: Q4 2015 in Review
94 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2015, worth a combined $233M — up 8.7% from $215M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CNXN positions and 3 closed out — a net gain of 7 holders — while 40 added to existing stakes and 27 trimmed.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $5.19M. The largest seller was Royce & Associates, cutting an estimated $6.63M.
- 94 institutional investors held PC Connection (CNXN) as of Q4 2015, up from 87 in Q3 2015.
- Funds reported $233M of PC Connection stock for Q4 2015, up 8.7% quarter-over-quarter.
- 10 funds opened new PC Connection positions in Q4 2015 and 3 closed out, a net change of +7 holders.
- The largest PC Connection buyer in Q4 2015 was Paradigm Capital Management Inc, an estimated $5.19M added.
- The largest PC Connection seller in Q4 2015 was Royce & Associates, an estimated $6.63M sold.
Based on aggregated 13F filings for Q4 2015.