Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
64 hedge funds and large institutions have $82.7M invested in Pendrell Corporation - Class A in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 62 → 64 (+2)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
47% less capital invested
Capital invested by funds: $157M → $82.7M (-$74.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.16M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$1.39M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$563K |
| 4 |
SG Americas Securities
New York
|
+$246K |
| 5 |
Goldman Sachs
New York
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$3.77M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$493K |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$389K |
| 4 |
Bank of New York Mellon
New York
|
-$250K |
| 5 |
SMC
S. Muoio & Co
New York
|
-$137K |
PCO Hedge Fund Activity: Q3 2015 in Review
64 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q3 2015, worth a combined $82.7M — down 47% from $157M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PCO positions and 6 closed out — a net gain of 2 holders — while 18 added to existing stakes and 21 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.16M. The largest seller was Ariel Investments, cutting an estimated $3.77M.
- 64 institutional investors held Pendrell Corporation - Class A (PCO) as of Q3 2015, up from 62 in Q2 2015.
- Funds reported $82.7M of Pendrell Corporation - Class A stock for Q3 2015, down 47% quarter-over-quarter.
- 8 funds opened new Pendrell Corporation - Class A positions in Q3 2015 and 6 closed out, a net change of +2 holders.
- The largest Pendrell Corporation - Class A buyer in Q3 2015 was Millennium Management, an estimated $2.16M added.
- The largest Pendrell Corporation - Class A seller in Q3 2015 was Ariel Investments, an estimated $3.77M sold.
Based on aggregated 13F filings for Q3 2015.