PC Connection
CNXN
170 hedge funds and large institutions have $865M invested in PC Connection in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 83 increasing their positions, 35 reducing their positions, and 11 closing their positions.
2,696% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $106K
137% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 35
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
19% more capital invested
Capital invested by funds: $726M → $865M (+$139M)
9% more funds holding
Funds holding: 156 → 170 (+14)
0.73% more ownership
Funds ownership: 42.9% → 43.63% (+0.73%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.51M |
| 2 |
Morgan Stanley
New York
|
+$6.22M |
| 3 |
BlackRock
New York
|
+$4.75M |
| 4 |
Millennium Management
New York
|
+$4.41M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$37M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$23.1M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$3.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.35M |
| 5 |
SG Americas Securities
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Truist Financial
Charlotte,
North Carolina
| – | -$336K | -5,238 | Closed |
|
|
SPA
177
Sherbrooke Park Advisers
White Plains,
New York
| – | -$301K | -4,688 | Closed |
|
|
IC
178
Innealta Capital
Austin,
Texas
| – | -$60.1K | -936 | Closed |
|
|
A
179
AlphaQuest
New York
| – | -$40.1K | -625 | Closed |
|
|
QL
180
Quarry LP
New York
| – | -$963 | -15 | Closed |
|
CNXN Hedge Fund Activity: Q3 2024 in Review
170 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q3 2024, worth a combined $865M — up 19% from $726M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CNXN positions and 11 closed out — a net gain of 14 holders — while 83 added to existing stakes and 35 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $6.51M. The largest seller was Pacer Advisors, cutting an estimated $37M.
- 170 institutional investors held PC Connection (CNXN) as of Q3 2024, up from 156 in Q2 2024.
- Funds reported $865M of PC Connection stock for Q3 2024, up 19% quarter-over-quarter.
- 25 funds opened new PC Connection positions in Q3 2024 and 11 closed out, a net change of +14 holders.
- The largest PC Connection buyer in Q3 2024 was Citadel Advisors, an estimated $6.51M added.
- The largest PC Connection seller in Q3 2024 was Pacer Advisors, an estimated $37M sold.
Based on aggregated 13F filings for Q3 2024.