Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
48 hedge funds and large institutions have $54.1M invested in Pendrell Corporation - Class A in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 21 closing their positions.
11% less capital invested
Capital invested by funds: $61M → $54.1M (-$6.91M)
20% less funds holding
Funds holding: 60 → 48 (-12)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
57% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Steelhead Partners
Seattle,
Washington
|
+$757K |
| 2 |
Millennium Management
New York
|
+$672K |
| 3 |
Renaissance Technologies
New York
|
+$320K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$272K |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.34M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.34M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$771K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$710K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$375K |
PCO Hedge Fund Activity: Q2 2016 in Review
48 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q2 2016, worth a combined $54.1M — down 11% from $61M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PCO and 9 opened new positions — a net loss of 12 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Steelhead Partners, adding an estimated $757K. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.34M.
- 48 institutional investors held Pendrell Corporation - Class A (PCO) as of Q2 2016, down from 60 in Q1 2016.
- Funds reported $54.1M of Pendrell Corporation - Class A stock for Q2 2016, down 11% quarter-over-quarter.
- 9 funds opened new Pendrell Corporation - Class A positions in Q2 2016 and 21 closed out, a net change of -12 holders.
- The largest Pendrell Corporation - Class A buyer in Q2 2016 was Steelhead Partners, an estimated $757K added.
- The largest Pendrell Corporation - Class A seller in Q2 2016 was BlackRock Fund Advisors, an estimated $2.34M sold.
Based on aggregated 13F filings for Q2 2016.