PC Connection
CNXN
86 hedge funds and large institutions have $261M invested in PC Connection in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
11% more capital invested
Capital invested by funds: $234M → $261M (+$26.5M)
1% more funds holding
Funds holding: 85 → 86 (+1)
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.1M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$1.48M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$1.29M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$1.26M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$973K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$405K |
| 2 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$208K |
| 3 |
Renaissance Technologies
New York
|
-$186K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$184K |
| 5 |
Bank of New York Mellon
New York
|
-$179K |
CNXN Hedge Fund Activity: Q1 2015 in Review
86 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q1 2015, worth a combined $261M — up 11% from $234M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CNXN positions and 6 closed out — a net gain of 1 holder — while 31 added to existing stakes and 29 trimmed.
The largest buyer was Royce & Associates, adding an estimated $4.1M. The largest seller was Jacobs Levy Equity Management, cutting an estimated $405K.
- 86 institutional investors held PC Connection (CNXN) as of Q1 2015, up from 85 in Q4 2014.
- Funds reported $261M of PC Connection stock for Q1 2015, up 11% quarter-over-quarter.
- 7 funds opened new PC Connection positions in Q1 2015 and 6 closed out, a net change of +1 holder.
- The largest PC Connection buyer in Q1 2015 was Royce & Associates, an estimated $4.1M added.
- The largest PC Connection seller in Q1 2015 was Jacobs Levy Equity Management, an estimated $405K sold.
Based on aggregated 13F filings for Q1 2015.