PC Connection
CNXN
146 hedge funds and large institutions have $538M invested in PC Connection in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 60 reducing their positions, and 10 closing their positions.
380% more call options, than puts
Call options by funds: $1.28M | Put options by funds: $267K
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
28% more capital invested
Capital invested by funds: $422M → $538M (+$116M)
7% more funds holding
Funds holding: 137 → 146 (+9)
0.03% less ownership
Funds ownership: 41.22% → 41.19% (-0.03%)
20% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$9.62M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$9.59M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$5.33M |
| 4 |
BlackRock
New York
|
+$4.64M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.66M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$4.49M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.96M |
| 4 |
Goldman Sachs
New York
|
-$2.9M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
151
Wedge Capital Management
Charlotte,
North Carolina
| – | -$1.07M | -27,489 | Closed |
|
152
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$907K | -19,554 | Closed |
|
|
JG
153
Jefferies Group
New York
| – | -$511K | -13,144 | Closed |
|
154
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$296K | -7,600 | Closed |
|
155
AssetMark Inc
Concord,
California
| – | -$96K | -2,457 | Closed |
|
|
ARMC
156
American Research & Management Company
Marion,
Massachusetts
| – | +$325 | +7 | New |
|
CNXN Hedge Fund Activity: Q4 2019 in Review
146 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2019, worth a combined $538M — up 28% from $422M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CNXN positions and 10 closed out — a net gain of 10 holders — while 48 added to existing stakes and 60 trimmed.
The largest buyer was G2 Investment Partners Management, adding an estimated $9.62M. The largest seller was Royce & Associates, cutting an estimated $6.66M.
- 146 institutional investors held PC Connection (CNXN) as of Q4 2019, up from 137 in Q3 2019.
- Funds reported $538M of PC Connection stock for Q4 2019, up 28% quarter-over-quarter.
- 20 funds opened new PC Connection positions in Q4 2019 and 10 closed out, a net change of +10 holders.
- The largest PC Connection buyer in Q4 2019 was G2 Investment Partners Management, an estimated $9.62M added.
- The largest PC Connection seller in Q4 2019 was Royce & Associates, an estimated $6.66M sold.
Based on aggregated 13F filings for Q4 2019.