PC Connection
CNXN
124 hedge funds and large institutions have $489M invested in PC Connection in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 38 reducing their positions, and 17 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 38
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
0.94% more ownership
Funds ownership: 41.34% → 42.27% (+0.94%)
1% less funds holding
Funds holding: 125 → 124 (-1)
14% less capital invested
Capital invested by funds: $569M → $489M (-$79.5M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $26K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.58M |
| 2 |
Morgan Stanley
New York
|
+$2.25M |
| 3 |
Renaissance Technologies
New York
|
+$1.31M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.28M |
| 5 |
BlackRock
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$5.05M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$565K |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$552K |
| 4 |
Axa
Paris,
France
|
-$521K |
| 5 |
HF
HRT Financial
New York
|
-$452K |
CNXN Hedge Fund Activity: Q2 2022 in Review
124 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2022, worth a combined $489M — down 14% from $569M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CNXN positions and 17 closed out — a net gain of 3 holders — while 50 added to existing stakes and 38 trimmed.
The largest buyer was Invesco, adding an estimated $6.58M. The largest seller was Royce & Associates, cutting an estimated $5.05M.
- 124 institutional investors held PC Connection (CNXN) as of Q2 2022, down from 125 in Q1 2022.
- Funds reported $489M of PC Connection stock for Q2 2022, down 14% quarter-over-quarter.
- 20 funds opened new PC Connection positions in Q2 2022 and 17 closed out, a net change of +3 holders.
- The largest PC Connection buyer in Q2 2022 was Invesco, an estimated $6.58M added.
- The largest PC Connection seller in Q2 2022 was Royce & Associates, an estimated $5.05M sold.
Based on aggregated 13F filings for Q2 2022.