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PCO

Pendrell Corporation - Class A
PCO

Delisted

PCO was delisted on the 15th of December, 2017.

35 hedge funds and large institutions have $52.1M invested in Pendrell Corporation - Class A in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

3% less capital invested

Capital invested by funds: $53.5M → $52.1M (-$1.35M)

19% less funds holding

Funds holding: 4335 (-8)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
35
Holders Change
-8
Holders Change %
-18.6%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
13
Reduced
10
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$44K +$43.1K +65 New
BFA
27
BlackRock Fund Advisors
California
$25K
BA
28
BlackRock Advisors
Delaware
$20K
TRCT
29
Tower Research Capital (TRC)
New York
$14K -$9.28K -14 -40%
Bank of America
30
Bank of America
North Carolina
$10K -$663 -1 -7%
UBS Group
31
UBS Group
Switzerland
$7K -$19.2K -29 -73%
NSIM
32
North Star Investment Management
Illinois
$6K -$30.5K -46 -82%
JP Morgan Chase
33
JP Morgan Chase
New York
$2K +$1.99K +3 New
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$1K
Manulife (Manufacturers Life Insurance)
35
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1K +$1.33K +2 New
NRCM
36
Northern Right Capital Management
Connecticut
-$1.35M -1,964 Closed
CGL
37
Clarius Group LLC
Washington
-$75K -108 Closed
State Street
38
State Street
Massachusetts
-$59K -87 Closed
RC
39
RBF Capital
California
-$50K -73 Closed
RC
40
RegentAtlantic Capital
New Jersey
-$42K -61 Closed
Fidelity Investments
41
Fidelity Investments
Massachusetts
-$26K -39 Closed
OAM
42
Oxford Asset Management
United Kingdom
-$22K -33 Closed
TA
43
Teton Advisors
New York
-$21K -30 Closed
Two Sigma Advisers
44
Two Sigma Advisers
New York
-$10K -15 Closed
ISL
45
Ingalls & Snyder LLC
New York
-$9K -13 Closed
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
-$8K -12 Closed
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
-$8K -11 Closed
TSS
48
Two Sigma Securities
New York
-$8K -11 Closed
BNP Paribas Financial Markets
49
BNP Paribas Financial Markets
France
-$4

PCO Hedge Fund Activity: Q4 2016 in Review

35 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q4 2016, worth a combined $52.1M — down 2.5% from $53.5M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of PCO and 5 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 13 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $1.08M. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $1.35M sold.

  • 35 institutional investors held Pendrell Corporation - Class A (PCO) as of Q4 2016, down from 43 in Q3 2016.
  • Funds reported $52.1M of Pendrell Corporation - Class A stock for Q4 2016, down 2.5% quarter-over-quarter.
  • 5 funds opened new Pendrell Corporation - Class A positions in Q4 2016 and 13 closed out, a net change of -8 holders.
  • The largest Pendrell Corporation - Class A buyer in Q4 2016 was Millennium Management, an estimated $1.08M added.
  • The largest Pendrell Corporation - Class A seller in Q4 2016 was Northern Right Capital Management, an estimated $1.35M sold.

Based on aggregated 13F filings for Q4 2016.