Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
72 hedge funds and large institutions have $174M invested in Pendrell Corporation - Class A in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 71 → 72 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24% less capital invested
Capital invested by funds: $228M → $174M (-$53.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$9.2M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$681K |
| 4 |
D.E. Shaw & Co
New York
|
+$442K |
| 5 |
Neuberger Berman Group
New York
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$4.26M |
| 2 |
SP
Steelhead Partners
Seattle,
Washington
|
-$3.56M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$426K |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$118K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Jane Street
New York
| – | -$102K | -39 | Closed |
|
77
Two Sigma Investments
New York
| – | -$69K | -26 | Closed |
|
|
BIP
78
Brandes Investment Partners
La Jolla,
California
| – | -$59K | -22 | Closed |
|
|
SIM
79
Spark Investment Management
New York
| – | -$49K | -19 | Closed |
|
PCO Hedge Fund Activity: Q3 2013 in Review
72 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q3 2013, worth a combined $174M — down 24% from $228M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PCO positions and 7 closed out — a net gain of 1 holder — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Ariel Investments, adding an estimated $9.2M. The largest seller was Jefferies Group, exiting entirely with an estimated $4.26M sold.
- 72 institutional investors held Pendrell Corporation - Class A (PCO) as of Q3 2013, up from 71 in Q2 2013.
- Funds reported $174M of Pendrell Corporation - Class A stock for Q3 2013, down 24% quarter-over-quarter.
- 8 funds opened new Pendrell Corporation - Class A positions in Q3 2013 and 7 closed out, a net change of +1 holder.
- The largest Pendrell Corporation - Class A buyer in Q3 2013 was Ariel Investments, an estimated $9.2M added.
- The largest Pendrell Corporation - Class A seller in Q3 2013 was Jefferies Group, an estimated $4.26M sold.
Based on aggregated 13F filings for Q3 2013.