Pendrell Corporation - Class A
PCO
PCO was delisted on the 15th of December, 2017.
40 hedge funds and large institutions have $49.3M invested in Pendrell Corporation - Class A in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
14% more funds holding
Funds holding: 35 → 40 (+5)
5% less capital invested
Capital invested by funds: $52.1M → $49.3M (-$2.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$604K |
| 2 |
Millennium Management
New York
|
+$514K |
| 3 |
ICM
ISZO Capital Management
New York
|
+$459K |
| 4 |
Renaissance Technologies
New York
|
+$436K |
| 5 |
Goldman Sachs
New York
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$3.02M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$465K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$374K |
| 4 |
D.E. Shaw & Co
New York
|
-$226K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$61K |
PCO Hedge Fund Activity: Q1 2017 in Review
40 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pendrell Corporation - Class A (PCO) for Q1 2017, worth a combined $49.3M — down 5.4% from $52.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PCO positions and 3 closed out — a net gain of 8 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $604K. The largest seller was Ariel Investments, cutting an estimated $3.02M.
- 40 institutional investors held Pendrell Corporation - Class A (PCO) as of Q1 2017, up from 35 in Q4 2016.
- Funds reported $49.3M of Pendrell Corporation - Class A stock for Q1 2017, down 5.4% quarter-over-quarter.
- 11 funds opened new Pendrell Corporation - Class A positions in Q1 2017 and 3 closed out, a net change of +8 holders.
- The largest Pendrell Corporation - Class A buyer in Q1 2017 was BlackRock, an estimated $604K added.
- The largest Pendrell Corporation - Class A seller in Q1 2017 was Ariel Investments, an estimated $3.02M sold.
Based on aggregated 13F filings for Q1 2017.