Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
70 hedge funds and large institutions have $151M invested in Pendrell Corporation - Class A in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 72 → 70 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
23% less capital invested
Capital invested by funds: $196M → $151M (-$45.4M)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$4.01M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$347K |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$200K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$189K |
| 5 |
SG Americas Securities
New York
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$1.87M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$345K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$265K |
| 4 |
WSC
Wellington Shields & Co
New York
|
-$232K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$88.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7K | -4 | Closed |
|
|
GSC
77
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$2K | -1 | Closed |
|
PCO Hedge Fund Activity: Q3 2014 in Review
70 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q3 2014, worth a combined $151M — down 23% from $196M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PCO and 6 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 19 added.
The largest buyer was Ariel Investments, adding an estimated $4.01M. The largest seller was Indaba Capital Management, cutting an estimated $1.87M.
- 70 institutional investors held Pendrell Corporation - Class A (PCO) as of Q3 2014, down from 72 in Q2 2014.
- Funds reported $151M of Pendrell Corporation - Class A stock for Q3 2014, down 23% quarter-over-quarter.
- 6 funds opened new Pendrell Corporation - Class A positions in Q3 2014 and 7 closed out, a net change of -1 holder.
- The largest Pendrell Corporation - Class A buyer in Q3 2014 was Ariel Investments, an estimated $4.01M added.
- The largest Pendrell Corporation - Class A seller in Q3 2014 was Indaba Capital Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q3 2014.