PC Connection
CNXN
121 hedge funds and large institutions have $468M invested in PC Connection in 2021 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
10% more funds holding
Funds holding: 110 → 121 (+11)
0.09% more ownership
Funds ownership: 41.3% → 41.39% (+0.09%)
2% less capital invested
Capital invested by funds: $476M → $468M (-$8.59M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.22M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.15M |
| 3 |
Millennium Management
New York
|
+$1.7M |
| 4 |
BlackRock
New York
|
+$1.32M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$6.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.18M |
| 3 |
RA
Royce & Associates
New York
|
-$2.99M |
| 4 |
Morgan Stanley
New York
|
-$2.4M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
126
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$1K | -33 | Closed |
|
|
MAM
127
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -15 | Closed |
|
|
PCG
128
Private Capital Group
West Hartford,
Connecticut
| – | +$45 | +1 | New |
|
129
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$45 | +1 | New |
|
CNXN Hedge Fund Activity: Q4 2021 in Review
121 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2021, worth a combined $468M — down 1.8% from $476M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CNXN positions and 8 closed out — a net gain of 11 holders — while 41 added to existing stakes and 36 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $8.22M. The largest seller was Invesco, cutting an estimated $6.39M.
- 121 institutional investors held PC Connection (CNXN) as of Q4 2021, up from 110 in Q3 2021.
- Funds reported $468M of PC Connection stock for Q4 2021, down 1.8% quarter-over-quarter.
- 19 funds opened new PC Connection positions in Q4 2021 and 8 closed out, a net change of +11 holders.
- The largest PC Connection buyer in Q4 2021 was Goldman Sachs, an estimated $8.22M added.
- The largest PC Connection seller in Q4 2021 was Invesco, an estimated $6.39M sold.
Based on aggregated 13F filings for Q4 2021.