PAR Technology
PAR
26 hedge funds and large institutions have $16M invested in PAR Technology in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 5 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
7% more capital invested
Capital invested by funds: $15M → $16M (+$1.03M)
1.89% less ownership
Funds ownership: 22.8% → 20.92% (-1.9%)
7% less funds holding
Funds holding: 28 → 26 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$437K |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$218K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$158K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$51.4K |
| 5 |
Renaissance Technologies
New York
|
+$34.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.26M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$804K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$68K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$31.4K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HA
26
Heartland Advisors
Milwaukee,
Wisconsin
| – | -$1.26M | -300,000 | Closed |
|
|
RCM
27
Rutabaga Capital Management
Boston,
Massachusetts
| – | -$804K | -191,542 | Closed |
|
|
28
LSV Asset Management
Chicago,
Illinois
| – | -$68K | -16,375 | Closed |
|
|
29
Bank of America
Charlotte,
North Carolina
| – | -$17.3K | -3,995 | -100% |
|
30
BNP Paribas Financial Markets
Paris,
France
| – | -$605 | -144 | Closed |
|
|
CAW
31
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -15 | Closed |
|
PAR Hedge Fund Activity: Q3 2014 in Review
26 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PAR Technology (PAR) for Q3 2014, worth a combined $16M — up 6.9% from $15M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PAR and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $437K. The largest seller was Heartland Advisors, exiting entirely with an estimated $1.26M sold.
- 26 institutional investors held PAR Technology (PAR) as of Q3 2014, down from 28 in Q2 2014.
- Funds reported $16M of PAR Technology stock for Q3 2014, up 6.9% quarter-over-quarter.
- 3 funds opened new PAR Technology positions in Q3 2014 and 5 closed out, a net change of -2 holders.
- The largest PAR Technology buyer in Q3 2014 was Wellington Management Group, an estimated $437K added.
- The largest PAR Technology seller in Q3 2014 was Heartland Advisors, an estimated $1.26M sold.
Based on aggregated 13F filings for Q3 2014.