Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
53 hedge funds and large institutions have $47.6M invested in Pendrell Corporation - Class A in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
15% more funds holding
Funds holding: 46 → 53 (+7)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less capital invested
Capital invested by funds: $57.3M → $47.6M (-$9.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$721K |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$549K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$173K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$162K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$5.15M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.36M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$778K |
| 4 |
BlackRock
New York
|
-$332K |
| 5 |
Millennium Management
New York
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | +$676 | +1 | New |
|
|
WAM
53
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $1K | +$676 | +1 | New |
|
|
EGA
54
Eagle Global Advisors
Houston,
Texas
| – | -$255K | -353 | Closed |
|
PCO Hedge Fund Activity: Q3 2017 in Review
53 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q3 2017, worth a combined $47.6M — down 17% from $57.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PCO positions and 1 closed out — a net gain of 8 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $721K. The largest seller was Ariel Investments, cutting an estimated $5.15M.
- 53 institutional investors held Pendrell Corporation - Class A (PCO) as of Q3 2017, up from 46 in Q2 2017.
- Funds reported $47.6M of Pendrell Corporation - Class A stock for Q3 2017, down 17% quarter-over-quarter.
- 9 funds opened new Pendrell Corporation - Class A positions in Q3 2017 and 1 closed out, a net change of +8 holders.
- The largest Pendrell Corporation - Class A buyer in Q3 2017 was Renaissance Technologies, an estimated $721K added.
- The largest Pendrell Corporation - Class A seller in Q3 2017 was Ariel Investments, an estimated $5.15M sold.
Based on aggregated 13F filings for Q3 2017.