PC Connection
CNXN
110 hedge funds and large institutions have $476M invested in PC Connection in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 29 increasing their positions, 50 reducing their positions, and 9 closing their positions.
0.2% less ownership
Funds ownership: 41.5% → 41.3% (-0.2%)
4% less funds holding
Funds holding: 115 → 110 (-5)
5% less capital invested
Capital invested by funds: $502M → $476M (-$26.2M)
42% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 50
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $9K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7M |
| 2 |
Morgan Stanley
New York
|
+$820K |
| 3 |
SG Americas Securities
New York
|
+$676K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$548K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$2.32M |
| 2 |
BlackRock
New York
|
-$1.94M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.26M |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$1.01M |
| 5 |
RA
Royce & Associates
New York
|
-$906K |
CNXN Hedge Fund Activity: Q3 2021 in Review
110 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q3 2021, worth a combined $476M — down 5.2% from $502M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CNXN and 4 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 29 added.
The largest buyer was Invesco, adding an estimated $7M. The largest seller was Brown Advisory, cutting an estimated $2.32M.
- 110 institutional investors held PC Connection (CNXN) as of Q3 2021, down from 115 in Q2 2021.
- Funds reported $476M of PC Connection stock for Q3 2021, down 5.2% quarter-over-quarter.
- 4 funds opened new PC Connection positions in Q3 2021 and 9 closed out, a net change of -5 holders.
- The largest PC Connection buyer in Q3 2021 was Invesco, an estimated $7M added.
- The largest PC Connection seller in Q3 2021 was Brown Advisory, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2021.