PC Connection
CNXN
127 hedge funds and large institutions have $494M invested in PC Connection in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 50 reducing their positions, and 13 closing their positions.
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more capital invested
Capital invested by funds: $492M → $494M (+$1.88M)
0.15% more ownership
Funds ownership: 41.6% → 41.74% (+0.15%)
1% less funds holding
Funds holding: 128 → 127 (-1)
22% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 50
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $18K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$7.69M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$6.61M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.52M |
| 4 |
Aviva
London,
United Kingdom
|
+$1.36M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$6.81M |
| 2 |
BlackRock
New York
|
-$3.57M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.74M |
| 4 |
Goldman Sachs
New York
|
-$1.69M |
| 5 |
LTAS
Linden Thomas Advisory Services
Charlotte,
North Carolina
|
-$1.27M |
CNXN Hedge Fund Activity: Q2 2023 in Review
127 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PC Connection (CNXN) for Q2 2023, worth a combined $494M — up 0.38% from $492M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CNXN positions and 13 closed out — a net gain of 1 holder — while 39 added to existing stakes and 50 trimmed.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $7.69M. The largest seller was Mawer Investment Management, cutting an estimated $6.81M.
- 127 institutional investors held PC Connection (CNXN) as of Q2 2023, down from 128 in Q1 2023.
- Funds reported $494M of PC Connection stock for Q2 2023, up 0.38% quarter-over-quarter.
- 14 funds opened new PC Connection positions in Q2 2023 and 13 closed out, a net change of +1 holder.
- The largest PC Connection buyer in Q2 2023 was Pacer Advisors, an estimated $7.69M added.
- The largest PC Connection seller in Q2 2023 was Mawer Investment Management, an estimated $6.81M sold.
Based on aggregated 13F filings for Q2 2023.