PC Connection
CNXN
156 hedge funds and large institutions have $726M invested in PC Connection in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 52 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
40% more call options, than puts
Call options by funds: $63K | Put options by funds: $45K
6% more funds holding
Funds holding: 147 → 156 (+9)
10% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 52
0.23% more ownership
Funds ownership: 42.67% → 42.9% (+0.23%)
2% less capital invested
Capital invested by funds: $741M → $726M (-$15.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$15.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$4.05M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.51M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.48M |
| 5 |
Millennium Management
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$31.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.16M |
| 3 |
JP Morgan Chase
New York
|
-$1.01M |
| 4 |
RA
Royce & Associates
New York
|
-$813K |
| 5 |
VI
Versor Investments
New York
|
-$719K |
CNXN Hedge Fund Activity: Q2 2024 in Review
156 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2024, worth a combined $726M — down 2.1% from $741M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CNXN positions and 13 closed out — a net gain of 10 holders — while 57 added to existing stakes and 52 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $15.6M. The largest seller was Mawer Investment Management, cutting an estimated $31.9M.
- 156 institutional investors held PC Connection (CNXN) as of Q2 2024, up from 147 in Q1 2024.
- Funds reported $726M of PC Connection stock for Q2 2024, down 2.1% quarter-over-quarter.
- 23 funds opened new PC Connection positions in Q2 2024 and 13 closed out, a net change of +10 holders.
- The largest PC Connection buyer in Q2 2024 was Pacer Advisors, an estimated $15.6M added.
- The largest PC Connection seller in Q2 2024 was Mawer Investment Management, an estimated $31.9M sold.
Based on aggregated 13F filings for Q2 2024.