Pro-Dex
PDEX
23 hedge funds and large institutions have $12M invested in Pro-Dex in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
43% more capital invested
Capital invested by funds: $8.39M → $12M (+$3.62M)
15% more funds holding
Funds holding: 20 → 23 (+3)
4.29% more ownership
Funds ownership: 13.39% → 17.68% (+4.3%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$964K |
| 3 |
GC
Globeflex Capital
San Diego,
California
|
+$563K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$460K |
| 5 |
Renaissance Technologies
New York
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$485K |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$208K |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$197K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$172K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$88.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$2.61K | -147 | -86% |
|
27
Barclays
London,
United Kingdom
| – | +$53 | +3 | New |
|
PDEX Hedge Fund Activity: Q2 2020 in Review
23 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pro-Dex (PDEX) for Q2 2020, worth a combined $12M — up 43% from $8.39M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PDEX positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $1.7M. The largest seller was Municipal Employees' Retirement System of Michigan, exiting entirely with an estimated $485K sold.
- 23 institutional investors held Pro-Dex (PDEX) as of Q2 2020, up from 20 in Q1 2020.
- Funds reported $12M of Pro-Dex stock for Q2 2020, up 43% quarter-over-quarter.
- 7 funds opened new Pro-Dex positions in Q2 2020 and 4 closed out, a net change of +3 holders.
- The largest Pro-Dex buyer in Q2 2020 was Acadian Asset Management, an estimated $1.7M added.
- The largest Pro-Dex seller in Q2 2020 was Municipal Employees' Retirement System of Michigan, an estimated $485K sold.
Based on aggregated 13F filings for Q2 2020.