PC Connection
CNXN
138 hedge funds and large institutions have $505M invested in PC Connection in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
11% more funds holding
Funds holding: 124 → 138 (+14)
3% more capital invested
Capital invested by funds: $489M → $505M (+$15.9M)
0.36% more ownership
Funds ownership: 42.27% → 42.63% (+0.36%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.23M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
+$1.7M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$833K |
| 4 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$715K |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$676K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.32M |
| 2 |
RA
Royce & Associates
New York
|
-$2.21M |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$944K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$872K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$578K |
CNXN Hedge Fund Activity: Q3 2022 in Review
138 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q3 2022, worth a combined $505M — up 3.2% from $489M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CNXN positions and 6 closed out — a net gain of 14 holders — while 52 added to existing stakes and 45 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.23M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $2.32M.
- 138 institutional investors held PC Connection (CNXN) as of Q3 2022, up from 124 in Q2 2022.
- Funds reported $505M of PC Connection stock for Q3 2022, up 3.2% quarter-over-quarter.
- 20 funds opened new PC Connection positions in Q3 2022 and 6 closed out, a net change of +14 holders.
- The largest PC Connection buyer in Q3 2022 was Vanguard Group, an estimated $3.23M added.
- The largest PC Connection seller in Q3 2022 was Hotchkis & Wiley Capital Management, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2022.