PC Connection
CNXN
97 hedge funds and large institutions have $247M invested in PC Connection in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 7 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 97 → 97 (0)
7% less capital invested
Capital invested by funds: $265M → $247M (-$18.4M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$2.88M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.35M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$915K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$739K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$634K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$2.7M |
| 2 |
RA
Royce & Associates
New York
|
-$1.61M |
| 3 |
Millennium Management
New York
|
-$1.39M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.21M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$708K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCMH
101
Cornerstone Capital Management Holdings
New York
| – | -$88K | -3,400 | Closed |
|
102
Walleye Trading
New York
| – | -$65K | -2,500 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$12K | -470 | Closed |
|
104
Barclays
London,
United Kingdom
| – | -$1K | -25 | Closed |
|
CNXN Hedge Fund Activity: Q2 2016 in Review
97 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2016, worth a combined $247M — down 6.9% from $265M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CNXN positions and 7 closed out — a net gain of 1 holder — while 42 added to existing stakes and 36 trimmed.
The largest buyer was Calvert Investment Management, opening a new position worth an estimated $2.88M. The largest seller was ZPR Investment Management, cutting an estimated $2.7M.
- 97 institutional investors held PC Connection (CNXN) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $247M of PC Connection stock for Q2 2016, down 6.9% quarter-over-quarter.
- 8 funds opened new PC Connection positions in Q2 2016 and 7 closed out, a net change of +1 holder.
- The largest PC Connection buyer in Q2 2016 was Calvert Investment Management, an estimated $2.88M added.
- The largest PC Connection seller in Q2 2016 was ZPR Investment Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2016.