Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
67 hedge funds and large institutions have $155M invested in Pendrell Corporation - Class A in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 7 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $151M → $155M (+$4.61M)
4% less funds holding
Funds holding: 70 → 67 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$2.81M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$1.47M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$945K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$506K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$6.19M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$184K |
| 3 |
SG Americas Securities
New York
|
-$127K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$98.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$86.9K |
PCO Hedge Fund Activity: Q4 2014 in Review
67 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q4 2014, worth a combined $155M — up 3.1% from $151M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCO and 5 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Ariel Investments, adding an estimated $2.81M. The largest seller was Indaba Capital Management, cutting an estimated $6.19M.
- 67 institutional investors held Pendrell Corporation - Class A (PCO) as of Q4 2014, down from 70 in Q3 2014.
- Funds reported $155M of Pendrell Corporation - Class A stock for Q4 2014, up 3.1% quarter-over-quarter.
- 5 funds opened new Pendrell Corporation - Class A positions in Q4 2014 and 7 closed out, a net change of -2 holders.
- The largest Pendrell Corporation - Class A buyer in Q4 2014 was Ariel Investments, an estimated $2.81M added.
- The largest Pendrell Corporation - Class A seller in Q4 2014 was Indaba Capital Management, an estimated $6.19M sold.
Based on aggregated 13F filings for Q4 2014.