PC Connection
CNXN
134 hedge funds and large institutions have $380M invested in PC Connection in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 53 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
2% more funds holding
Funds holding: 132 → 134 (+2)
0.12% more ownership
Funds ownership: 41.14% → 41.26% (+0.12%)
4% less capital invested
Capital invested by funds: $398M → $380M (-$17.8M)
26% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.66M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.57M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.62M |
| 4 |
BlackRock
New York
|
+$2.49M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.7M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.52M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.41M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.09M |
| 5 |
Renaissance Technologies
New York
|
-$1.27M |
CNXN Hedge Fund Activity: Q2 2019 in Review
134 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2019, worth a combined $380M — down 4.5% from $398M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CNXN positions and 12 closed out — a net gain of 4 holders — while 39 added to existing stakes and 53 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.66M. The largest seller was Royce & Associates, cutting an estimated $3.7M.
- 134 institutional investors held PC Connection (CNXN) as of Q2 2019, up from 132 in Q1 2019.
- Funds reported $380M of PC Connection stock for Q2 2019, down 4.5% quarter-over-quarter.
- 16 funds opened new PC Connection positions in Q2 2019 and 12 closed out, a net change of +4 holders.
- The largest PC Connection buyer in Q2 2019 was Wells Fargo, an estimated $3.66M added.
- The largest PC Connection seller in Q2 2019 was Royce & Associates, an estimated $3.7M sold.
Based on aggregated 13F filings for Q2 2019.