PC Connection
CNXN
184 hedge funds and large institutions have $596M invested in PC Connection in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 91 reducing their positions, and 22 closing their positions.
4,717% more call options, than puts
Call options by funds: $289K | Put options by funds: $6K
0.07% less ownership
Funds ownership: 40.92% → 40.85% (-0.07%)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 187 → 184 (-3)
8% less capital invested
Capital invested by funds: $644M → $596M (-$48.3M)
40% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.5M |
| 2 |
Two Sigma Investments
New York
|
+$3.14M |
| 3 |
Two Sigma Advisers
New York
|
+$3.01M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.37M |
| 5 |
Morgan Stanley
New York
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.37M |
| 2 |
Millennium Management
New York
|
-$3.23M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$2.78M |
| 4 |
Jane Street
New York
|
-$2.18M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$5.18K | -87 | Closed |
|
|
ACM
202
Aster Capital Management
Dubai,
United Arab Emirates
| – | -$2.85K | -46 | Closed |
|
|
HI
203
Harbour Investments
Madison,
Wisconsin
| – | -$1.74K | -28 | Closed |
|
|
SL
204
Salomon & Ludwin
Richmond,
Virginia
| – | -$978 | -16 | Closed |
|
|
CIAM
205
Caitong International Asset Management
Hong Kong
| – | -$186 | -3 | Closed |
|
|
RA
206
Rise Advisors
Rochester,
New York
| – | -$128 | -2 | Closed |
|
|
SS
207
SBI Securities
Tokyo,
Japan
| – | -$62 | -1 | Closed |
|
CNXN Hedge Fund Activity: Q4 2025 in Review
184 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2025, worth a combined $596M — down 7.5% from $644M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CNXN and 20 opened new positions — a net loss of 2 holders — while 91 trimmed existing stakes and 55 added.
The largest buyer was UBS Group, adding an estimated $3.5M. The largest seller was AQR Capital Management, cutting an estimated $3.37M.
- 184 institutional investors held PC Connection (CNXN) as of Q4 2025, down from 187 in Q3 2025.
- Funds reported $596M of PC Connection stock for Q4 2025, down 7.5% quarter-over-quarter.
- 20 funds opened new PC Connection positions in Q4 2025 and 22 closed out, a net change of -2 holders.
- The largest PC Connection buyer in Q4 2025 was UBS Group, an estimated $3.5M added.
- The largest PC Connection seller in Q4 2025 was AQR Capital Management, an estimated $3.37M sold.
Based on aggregated 13F filings for Q4 2025.