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PC Connection

144 hedge funds and large institutions have $540M invested in PC Connection in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 51 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $473M → $540M (+$66.4M)

1% more ownership

Funds ownership: 43.58%44.58% (+1%)

0% more funds holding

Funds holding: 144144 (0)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

6% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 51

21% less call options, than puts

Call options by funds: $1.07M | Put options by funds: $1.36M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
144
Holders Change
Holders Change %
0%
% of All Funds
2.95%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
48
Reduced
51
Closed
20
Calls
$1.07M
Puts
$1.36M
Net Calls
-$287K
Net Calls Change
+$1.64M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$94.8M -$3.75M -89,069 -4%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$91.7M -$3.58M -84,904 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$33.8M +$64.6K +1,533 +0.2%
Northern Trust
4
Northern Trust
Illinois
$32.9M +$20.3K +482 +0.1%
RA
5
Royce & Associates
New York
$29.1M -$1.49M -35,455 -5%
Mawer Investment Management
6
Mawer Investment Management
Alberta, Canada
$22.9M +$20.8M +493,287 New
State Street
7
State Street
Massachusetts
$18.4M +$231K +5,492 +1%
TCM
8
Tributary Capital Management
Nebraska
$17.8M +$1.08M +25,517 +7%
Brown Advisory
9
Brown Advisory
Maryland
$15.7M +$878K +20,828 +7%
Wells Fargo
10
Wells Fargo
California
$13.1M +$1.83M +43,494 +18%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$11.5M +$117K +2,784 +1%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$9.52M +$1.36M +32,318 +19%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$8.49M +$75.1K +1,781 +1%
Grantham, Mayo, Van Otterloo & Co (GMO)
14
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$8.14M -$1.4M -33,100 -16%
Prudential Financial
15
Prudential Financial
New Jersey
$7.63M +$194K +4,606 +3%
Charles Schwab
16
Charles Schwab
California
$7.45M -$1.31M -31,174 -16%
AQR Capital Management
17
AQR Capital Management
Connecticut
$5.04M -$3.64M -86,389 -44%
MAM
18
Martingale Asset Management
Massachusetts
$4.48M +$295K +7,000 +8%
Principal Financial Group
19
Principal Financial Group
Iowa
$4.3M +$263K +6,239 +7%
Axa
20
Axa
France
$3.94M +$472K +11,200 +15%
Invesco
21
Invesco
Georgia
$3.88M +$456K +10,826 +15%
PAM
22
Panagora Asset Management
Massachusetts
$3.83M +$504K +11,967 +17%
Hotchkis & Wiley Capital Management
23
Hotchkis & Wiley Capital Management
California
$3.75M +$213K +5,060 +7%
AllianceBernstein
24
AllianceBernstein
Tennessee
$3.71M +$144K +3,415 +4%
WC
25
Walthausen & Co
New York
$3.35M +$3.05M +72,370 New

CNXN Hedge Fund Activity: Q2 2020 in Review

144 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2020, worth a combined $540M — up 14% from $473M a quarter earlier.

Fund positioning in CNXN was balanced in Q2 2020: 20 funds opened new positions, 20 closed out, 48 added to existing stakes and 51 trimmed.

The largest buyer was Mawer Investment Management, opening a new position worth an estimated $20.8M. The largest seller was BlackRock, cutting an estimated $3.75M.

  • 144 institutional investors held PC Connection (CNXN) as of Q2 2020, unchanged from Q1 2020.
  • Funds reported $540M of PC Connection stock for Q2 2020, up 14% quarter-over-quarter.
  • 20 funds opened new PC Connection positions in Q2 2020 and 20 closed out, a net change of 0 holders.
  • The largest PC Connection buyer in Q2 2020 was Mawer Investment Management, an estimated $20.8M added.
  • The largest PC Connection seller in Q2 2020 was BlackRock, an estimated $3.75M sold.

Based on aggregated 13F filings for Q2 2020.