Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
46 hedge funds and large institutions have $57.3M invested in Pendrell Corporation - Class A in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 10 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
16% more capital invested
Capital invested by funds: $49.3M → $57.3M (+$8.02M)
15% more funds holding
Funds holding: 40 → 46 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tyndall Capital Partners
New York
|
+$3.96M |
| 2 |
BlackRock
New York
|
+$3.32M |
| 3 |
Renaissance Technologies
New York
|
+$959K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$681K |
| 5 |
State Street
Boston,
Massachusetts
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$6.15M |
| 2 |
SP
Steelhead Partners
Seattle,
Washington
|
-$1.17M |
| 3 |
Millennium Management
New York
|
-$802K |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$367K |
| 5 |
Goldman Sachs
New York
|
-$341K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
51
Credit Suisse
Zurich,
Switzerland
| – | -$187K | -288 | Closed |
|
|
SIM
52
Spark Investment Management
New York
| – | -$136K | -210 | Closed |
|
53
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$130K | -201 | Closed |
|
54
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$125K | -193 | Closed |
|
|
BCM
55
BlueCrest Capital Management
St Helier,
Jersey
| – | -$73K | -113 | Closed |
|
|
AIM
56
Acrospire Investment Management
Chicago,
Illinois
| – | -$28K | -43 | Closed |
|
PCO Hedge Fund Activity: Q2 2017 in Review
46 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q2 2017, worth a combined $57.3M — up 16% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PCO positions and 10 closed out — a net gain of 7 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Tyndall Capital Partners, opening a new position worth an estimated $3.96M. The largest seller was Ariel Investments, cutting an estimated $6.15M.
- 46 institutional investors held Pendrell Corporation - Class A (PCO) as of Q2 2017, up from 40 in Q1 2017.
- Funds reported $57.3M of Pendrell Corporation - Class A stock for Q2 2017, up 16% quarter-over-quarter.
- 17 funds opened new Pendrell Corporation - Class A positions in Q2 2017 and 10 closed out, a net change of +7 holders.
- The largest Pendrell Corporation - Class A buyer in Q2 2017 was Tyndall Capital Partners, an estimated $3.96M added.
- The largest Pendrell Corporation - Class A seller in Q2 2017 was Ariel Investments, an estimated $6.15M sold.
Based on aggregated 13F filings for Q2 2017.