PC Connection
CNXN
123 hedge funds and large institutions have $534M invested in PC Connection in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 54 reducing their positions, and 15 closing their positions.
475% more call options, than puts
Call options by funds: $23K | Put options by funds: $4K
13% more capital invested
Capital invested by funds: $474M → $534M (+$60M)
1.01% less ownership
Funds ownership: 44.09% → 43.09% (-1%)
5% less funds holding
Funds holding: 129 → 123 (-6)
31% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 54
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$14.7M |
| 2 |
BlackRock
New York
|
+$10.8M |
| 3 |
RA
Royce & Associates
New York
|
+$3.21M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.82M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$5.96M |
| 2 |
Goldman Sachs
New York
|
-$5.74M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$4.09M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
-$4.01M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.46M |
CNXN Hedge Fund Activity: Q4 2020 in Review
123 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q4 2020, worth a combined $534M — up 13% from $474M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CNXN and 9 opened new positions — a net loss of 6 holders — while 54 trimmed existing stakes and 37 added.
The largest buyer was Mawer Investment Management, adding an estimated $14.7M. The largest seller was Brown Advisory, cutting an estimated $5.96M.
- 123 institutional investors held PC Connection (CNXN) as of Q4 2020, down from 129 in Q3 2020.
- Funds reported $534M of PC Connection stock for Q4 2020, up 13% quarter-over-quarter.
- 9 funds opened new PC Connection positions in Q4 2020 and 15 closed out, a net change of -6 holders.
- The largest PC Connection buyer in Q4 2020 was Mawer Investment Management, an estimated $14.7M added.
- The largest PC Connection seller in Q4 2020 was Brown Advisory, an estimated $5.96M sold.
Based on aggregated 13F filings for Q4 2020.