PC Connection
CNXN
165 hedge funds and large institutions have $788M invested in PC Connection in 2024 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 72 increasing their positions, 47 reducing their positions, and 20 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 47
0.37% less ownership
Funds ownership: 43.63% → 43.25% (-0.37%)
3% less funds holding
Funds holding: 170 → 165 (-5)
9% less capital invested
Capital invested by funds: $865M → $788M (-$77.3M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
99% less call options, than puts
Call options by funds: $14K | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$5.48M |
| 2 |
BlackRock
New York
|
+$4.8M |
| 3 |
Goldman Sachs
New York
|
+$2.11M |
| 4 |
Lazard Asset Management
New York
|
+$1.7M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.68M |
| 2 |
Morgan Stanley
New York
|
-$5.08M |
| 3 |
Millennium Management
New York
|
-$5.05M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.73M |
| 5 |
HF
HRT Financial
New York
|
-$3.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
I
176
InceptionR
Lafayette,
California
| – | -$307K | -4,072 | Closed |
|
177
Squarepoint
New York
| – | -$295K | -3,908 | Closed |
|
|
NC
178
nVerses Capital
Wellington,
Florida
| – | -$83K | -1,100 | Closed |
|
|
PD
179
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$27.5K | -365 | Closed |
|
180
Simplex Trading
Chicago,
Illinois
| – | -$19K | -260 | Closed |
|
|
DB
181
Danske Bank
Copenhagen K,
Denmark
| – | -$15.1K | -200 | Closed |
|
|
CPA
182
Capital Performance Advisors
Walnut Creek,
California
| – | -$3.62K | -48 | Closed |
|
|
TWD
183
True Wealth Design
Akron,
Ohio
| – | -$2.34K | -31 | Closed |
|
|
MFG
184
Mendota Financial Group
Madison,
Wisconsin
| – | -$151 | -2 | Closed |
|
CNXN Hedge Fund Activity: Q4 2024 in Review
165 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2024, worth a combined $788M — down 8.9% from $865M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CNXN and 15 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 72 added.
The largest buyer was UBS Group, adding an estimated $5.48M. The largest seller was Citadel Advisors, cutting an estimated $5.68M.
- 165 institutional investors held PC Connection (CNXN) as of Q4 2024, down from 170 in Q3 2024.
- Funds reported $788M of PC Connection stock for Q4 2024, down 8.9% quarter-over-quarter.
- 15 funds opened new PC Connection positions in Q4 2024 and 20 closed out, a net change of -5 holders.
- The largest PC Connection buyer in Q4 2024 was UBS Group, an estimated $5.48M added.
- The largest PC Connection seller in Q4 2024 was Citadel Advisors, an estimated $5.68M sold.
Based on aggregated 13F filings for Q4 2024.