Pendrell Corporation - Class A
PCO
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.
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: 43 → 35 (-8)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.08M |
| 2 |
Renaissance Technologies
New York
|
+$284K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$281K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$221K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$1.35M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$396K |
| 3 |
D.E. Shaw & Co
New York
|
-$233K |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$217K |
| 5 |
CGL
Clarius Group LLC
Seattle,
Washington
|
-$75K |
PCO Hedge Fund Activity: Q4 2016 in Review
35 of the 4,008 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.