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PCO

Pendrell Corporation - Class A
PCO

Delisted

PCO was delisted on the 15th of December, 2017.

35 hedge funds and large institutions have $52.1M invested in Pendrell Corporation - Class A in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

3% less capital invested

Capital invested by funds: $53.5M → $52.1M (-$1.35M)

19% less funds holding

Funds holding: 4335 (-8)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
35
Holders Change
-8
Holders Change %
-18.6%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
13
Reduced
10
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Ariel Investments
Illinois
$21.9M -$396K -597 -2%
HCMT
2
Highland Capital Management (Texas)
Texas
$11.2M
FCM
3
Farallon Capital Management
California
$5.54M -$217K -328 -4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.29M +$221K +333 +7%
New York State Common Retirement Fund
5
New York State Common Retirement Fund
New York
$1.76M
SP
6
Steelhead Partners
Washington
$1.21M +$96.1K +145 +9%
Millennium Management
7
Millennium Management
New York
$1.1M +$1.08M +1,637 New
Renaissance Technologies
8
Renaissance Technologies
New York
$1.09M +$284K +428 +36%
AA
9
Ancora Advisors
Ohio
$878K +$33.8K +51 +4%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$737K +$176K +265 +32%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$551K -$53K -80 -9%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$405K
Prudential Financial
13
Prudential Financial
New Jersey
$378K +$20.5K +31 +6%
EGA
14
Eagle Global Advisors
Texas
$286K +$281K +424 New
Northern Trust
15
Northern Trust
Illinois
$253K +$59K +89 +31%
Deutsche Bank
16
Deutsche Bank
Germany
$239K +$36.5K +55 +18%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$226K -$233K -352 -51%
KMC
18
Kirr Marbach & Co
Indiana
$181K +$141K +212 +385%
Charles Schwab
19
Charles Schwab
California
$163K +$15.9K +24 +11%
BIT
20
BlackRock Institutional Trust
California
$143K
SIM
21
Spark Investment Management
New York
$141K +$40.4K +61 +41%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$89K -$33.1K -50 -27%
Goldman Sachs
23
Goldman Sachs
New York
$75K -$55K -83 -43%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$75K +$66.9K +101 +1,010%
NFA
25
Nationwide Fund Advisors
Ohio
$61K +$5.96K +9 +11%

PCO Hedge Fund Activity: Q4 2016 in Review

35 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q4 2016, worth a combined $52.1M — down 2.5% from $53.5M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of PCO and 5 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 13 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $1.08M. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $1.35M sold.

  • 35 institutional investors held Pendrell Corporation - Class A (PCO) as of Q4 2016, down from 43 in Q3 2016.
  • Funds reported $52.1M of Pendrell Corporation - Class A stock for Q4 2016, down 2.5% quarter-over-quarter.
  • 5 funds opened new Pendrell Corporation - Class A positions in Q4 2016 and 13 closed out, a net change of -8 holders.
  • The largest Pendrell Corporation - Class A buyer in Q4 2016 was Millennium Management, an estimated $1.08M added.
  • The largest Pendrell Corporation - Class A seller in Q4 2016 was Northern Right Capital Management, an estimated $1.35M sold.

Based on aggregated 13F filings for Q4 2016.