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PC Connection

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.

New
Increased
Maintained
Reduced
Closed

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: 128127 (-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: 20 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $18K

Holders
127
Holders Change
-1
Holders Change %
-0.78%
% of All Funds
1.99%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
39
Reduced
50
Closed
13
Calls
Puts
$18K
Net Calls
-$18K
Net Calls Change
-$54K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$110M -$3.57M -81,955 -3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$84.6M -$102K -2,334 -0.1%
Mawer Investment Management
3
Mawer Investment Management
Alberta, Canada
$65.5M -$6.81M -156,243 -10%
Vanguard Group
4
Vanguard Group
Pennsylvania
$45.5M +$6.52M +149,605 +17%
State Street
5
State Street
Massachusetts
$19.6M -$288K -6,597 -1%
Northern Trust
6
Northern Trust
Illinois
$17M +$181K +4,156 +1%
Brown Advisory
7
Brown Advisory
Maryland
$15.8M +$6.61M +151,466 +76%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$11.4M +$312K +7,145 +3%
Invesco
9
Invesco
Georgia
$11M -$1.09M -24,941 -9%
Charles Schwab
10
Charles Schwab
California
$10M -$25.1K -576 -0.3%
Pacer Advisors
11
Pacer Advisors
Pennsylvania
$7.95M +$7.69M +176,354 New
Goldman Sachs
12
Goldman Sachs
New York
$7.1M -$1.69M -38,850 -20%
RA
13
Royce & Associates
New York
$6.42M +$114K +2,619 +2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$5.49M -$80.1K -1,836 -1%
Allspring Global Investments
15
Allspring Global Investments
North Carolina
$4.82M -$565K -12,961 -11%
AQR Capital Management
16
AQR Capital Management
Connecticut
$4.72M +$770K +17,651 +20%
Morgan Stanley
17
Morgan Stanley
New York
$4.45M -$23.8K -546 -0.6%
DA
18
Denali Advisors
California
$3.95M -$340K -7,788 -8%
N
19
Nuveen
North Carolina
$3.02M
Principal Financial Group
20
Principal Financial Group
Iowa
$2.9M -$177K -4,051 -6%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$2.38M -$107K -2,450 -4%
Ameriprise
22
Ameriprise
Minnesota
$2.08M -$322K -7,393 -14%
Los Angeles Capital Management
23
Los Angeles Capital Management
California
$1.99M +$177K +4,055 +10%
Norges Bank
24
Norges Bank
Norway
$1.82M
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$1.78M -$210K -4,812 -11%

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.