Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
66 hedge funds and large institutions have $198M invested in Pendrell Corporation - Class A in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 5 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 67 → 66 (-1)
7% less capital invested
Capital invested by funds: $214M → $198M (-$15.9M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$3.51M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$634K |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$530K |
| 4 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$451K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Steelhead Partners
Seattle,
Washington
|
-$3.07M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$343K |
| 3 |
D.E. Shaw & Co
New York
|
-$134K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$93.4K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$81K |
PCO Hedge Fund Activity: Q1 2014 in Review
66 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q1 2014, worth a combined $198M — down 7.4% from $214M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PCO and 4 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 20 added.
The largest buyer was Ariel Investments, adding an estimated $3.51M. The largest seller was Steelhead Partners, exiting entirely with an estimated $3.07M sold.
- 66 institutional investors held Pendrell Corporation - Class A (PCO) as of Q1 2014, down from 67 in Q4 2013.
- Funds reported $198M of Pendrell Corporation - Class A stock for Q1 2014, down 7.4% quarter-over-quarter.
- 4 funds opened new Pendrell Corporation - Class A positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Pendrell Corporation - Class A buyer in Q1 2014 was Ariel Investments, an estimated $3.51M added.
- The largest Pendrell Corporation - Class A seller in Q1 2014 was Steelhead Partners, an estimated $3.07M sold.
Based on aggregated 13F filings for Q1 2014.