IEC Electronics Corp.
IEC
IEC was delisted on the 4th of October, 2021.
33 hedge funds and large institutions have $33.1M invested in IEC Electronics Corp. in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
57% more capital invested
Capital invested by funds: $21M → $33.1M (+$12M)
14% more funds holding
Funds holding: 29 → 33 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.17M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$164K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$162K |
| 4 |
Renaissance Technologies
New York
|
+$156K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$1.49M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$468K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$376K |
| 4 |
JP Morgan Chase
New York
|
-$271K |
| 5 |
Morgan Stanley
New York
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $7K | -$2.69K | -341 | -31% |
|
|
PAM
27
Panagora Asset Management
Boston,
Massachusetts
| $6K | – | – | – |
|
|
CAM
28
ClariVest Asset Management
San Diego,
California
| $5K | +$3.73K | +473 | New |
|
|
ME
29
McIlrath & Eck
Arlington,
Washington
| $5K | +$3.94K | +500 | New |
|
|
30
Morgan Stanley
New York
| $1K | -$141K | -17,900 | -99% |
|
|
APA
31
American Portfolios Advisors
Holbrook,
New York
| $241 | – | – | – |
|
|
MERSOM
32
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$376K | -63,250 | Closed |
|
|
33
JP Morgan Chase
New York
| – | -$271K | -34,361 | -100% |
|
34
Victory Capital Management
San Antonio,
Texas
| – | -$20K | -3,346 | Closed |
|
|
CI
35
Cavalier Investments
Alpharetta,
Georgia
| – | -$16K | -2,652 | Closed |
|
36
Barclays
London,
United Kingdom
| – | +$8 | +1 | New |
|
IEC Hedge Fund Activity: Q2 2020 in Review
33 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in IEC Electronics Corp. (IEC) for Q2 2020, worth a combined $33.1M — up 57% from $21M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IEC positions and 3 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Punch & Associates Investment Management, adding an estimated $1.17M. The largest seller was Solas Capital Management, cutting an estimated $1.49M.
- 33 institutional investors held IEC Electronics Corp. (IEC) as of Q2 2020, up from 29 in Q1 2020.
- Funds reported $33.1M of IEC Electronics Corp. stock for Q2 2020, up 57% quarter-over-quarter.
- 7 funds opened new IEC Electronics Corp. positions in Q2 2020 and 3 closed out, a net change of +4 holders.
- The largest IEC Electronics Corp. buyer in Q2 2020 was Punch & Associates Investment Management, an estimated $1.17M added.
- The largest IEC Electronics Corp. seller in Q2 2020 was Solas Capital Management, an estimated $1.49M sold.
Based on aggregated 13F filings for Q2 2020.