Professional Diversity Network
IPDN
12 hedge funds and large institutions have $3.55M invested in Professional Diversity Network in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
26% more capital invested
Capital invested by funds: $2.81M → $3.55M (+$734K)
9% more funds holding
Funds holding: 11 → 12 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$303K |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$281K |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$2.98K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.98K |
| 5 |
BA
Bard Associates
Chicago,
Illinois
|
+$2.24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$190K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$4.47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
1
North Star Investment Management
Chicago,
Illinois
| $945K | +$281K | +377 | +42% |
|
2
William Blair & Company
Chicago,
Illinois
| $653K | – | – | – |
|
|
GMCM
3
Gruber & McBaine Capital Management
San Francisco,
California
| $621K | – | – | – |
|
|
BA
4
Bard Associates
Chicago,
Illinois
| $335K | +$2.24K | +3 | +0.7% |
|
|
PCM
5
Perritt Capital Management
Chicago,
Illinois
| $300K | +$303K | +406 | New |
|
6
California Public Employees Retirement System
Sacramento,
California
| $230K | – | – | – |
|
|
CHAM
7
Clear Harbor Asset Management
Stamford,
Connecticut
| $162K | +$2.98K | +4 | +2% |
|
|
PCM
8
Perkins Capital Management
Wayzata,
Minnesota
| $135K | -$190K | -255 | -58% |
|
9
Vanguard Group
Malvern,
Pennsylvania
| $110K | – | – | – |
|
|
SCM
10
Sterneck Capital Management
Kansas City,
Missouri
| $51K | – | – | – |
|
|
U
11
UBS
Zurich,
Switzerland
| $4K | -$4.47K | -6 | -55% |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $3K | +$2.98K | +4 | New |
|
IPDN Hedge Fund Activity: Q3 2013 in Review
12 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Professional Diversity Network (IPDN) for Q3 2013, worth a combined $3.55M — up 26% from $2.81M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new IPDN positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Perritt Capital Management, opening a new position worth an estimated $303K. The largest seller was Perkins Capital Management, cutting an estimated $190K.
- 12 institutional investors held Professional Diversity Network (IPDN) as of Q3 2013, up from 11 in Q2 2013.
- Funds reported $3.55M of Professional Diversity Network stock for Q3 2013, up 26% quarter-over-quarter.
- 2 funds opened new Professional Diversity Network positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest Professional Diversity Network buyer in Q3 2013 was Perritt Capital Management, an estimated $303K added.
- The largest Professional Diversity Network seller in Q3 2013 was Perkins Capital Management, an estimated $190K sold.
Based on aggregated 13F filings for Q3 2013.