Professional Diversity Network
IPDN
9 hedge funds and large institutions have $3.14M invested in Professional Diversity Network in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 4 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
25% less funds holding
Funds holding: 12 → 9 (-3)
32% less capital invested
Capital invested by funds: $4.59M → $3.14M (-$1.45M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$552K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$179K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.3K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$522 |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$522 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$653K |
| 2 |
GMCM
Gruber & McBaine Capital Management
San Francisco,
California
|
-$622K |
| 3 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$121K |
| 4 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$50K |
| 5 |
BA
Bard Associates
Chicago,
Illinois
|
-$17.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
1
North Star Investment Management
Chicago,
Illinois
| $1.81M | +$552K | +1,057 | +48% |
|
|
PCM
2
Perritt Capital Management
Chicago,
Illinois
| $691K | +$179K | +343 | +38% |
|
|
BA
3
Bard Associates
Chicago,
Illinois
| $232K | -$17.2K | -33 | -7% |
|
4
California Public Employees Retirement System
Sacramento,
California
| $166K | – | – | – |
|
|
5
Vanguard Group
Malvern,
Pennsylvania
| $123K | +$41.3K | +79 | +53% |
|
|
CHAM
6
Clear Harbor Asset Management
Stamford,
Connecticut
| $121K | – | – | – |
|
|
U
7
UBS
Zurich,
Switzerland
| $2K | +$522 | +1 | +33% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $1K | +$522 | +1 | +100% |
|
|
9
William Blair & Company
Chicago,
Illinois
| – | -$653K | -886 | Closed |
|
|
GMCM
10
Gruber & McBaine Capital Management
San Francisco,
California
| – | -$622K | -844 | Closed |
|
|
PCM
11
Perkins Capital Management
Wayzata,
Minnesota
| – | -$121K | -164 | Closed |
|
|
SCM
12
Sterneck Capital Management
Kansas City,
Missouri
| – | -$50K | -68 | Closed |
|
|
13
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$522 | +1 | New |
|
IPDN Hedge Fund Activity: Q1 2014 in Review
9 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Professional Diversity Network (IPDN) for Q1 2014, worth a combined $3.14M — down 32% from $4.59M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IPDN and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was North Star Investment Management, adding an estimated $552K. The largest seller was William Blair & Company, exiting entirely with an estimated $653K sold.
- 9 institutional investors held Professional Diversity Network (IPDN) as of Q1 2014, down from 12 in Q4 2013.
- Funds reported $3.14M of Professional Diversity Network stock for Q1 2014, down 32% quarter-over-quarter.
- 1 fund opened new Professional Diversity Network positions in Q1 2014 and 4 closed out, a net change of -3 holders.
- The largest Professional Diversity Network buyer in Q1 2014 was North Star Investment Management, an estimated $552K added.
- The largest Professional Diversity Network seller in Q1 2014 was William Blair & Company, an estimated $653K sold.
Based on aggregated 13F filings for Q1 2014.