Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
2 hedge funds and large institutions have $318K invested in Pendrell Corporation - Class A in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 52 closing their positions.
96% less funds holding
Funds holding: 53 → 2 (-51)
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 52
99% less capital invested
Capital invested by funds: $47.6M → $318K (-$47.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$10.5M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$7.13M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$5.61M |
| 4 |
TCP
Tyndall Capital Partners
New York
|
-$4.28M |
| 5 |
BlackRock
New York
|
-$3.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IWM
51
IHT Wealth Management
Chicago,
Illinois
| – | -$1K | -2 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -2 | Closed |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -1 | Closed |
|
|
WAM
54
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -1 | Closed |
|
PCO Hedge Fund Activity: Q4 2017 in Review
2 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q4 2017, worth a combined $318K — down 99% from $47.6M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PCO and 1 opened new positions — a net loss of 51 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Municipal Employees' Retirement System of Michigan, opening a new position worth an estimated $361K. The largest seller was Highland Capital Management (Texas), exiting entirely with an estimated $10.5M sold.
- 2 institutional investors held Pendrell Corporation - Class A (PCO) as of Q4 2017, down from 53 in Q3 2017.
- Funds reported $318K of Pendrell Corporation - Class A stock for Q4 2017, down 99% quarter-over-quarter.
- 1 fund opened new Pendrell Corporation - Class A positions in Q4 2017 and 52 closed out, a net change of -51 holders.
- The largest Pendrell Corporation - Class A buyer in Q4 2017 was Municipal Employees' Retirement System of Michigan, an estimated $361K added.
- The largest Pendrell Corporation - Class A seller in Q4 2017 was Highland Capital Management (Texas), an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2017.