PENFORD CORP
PENX
PENX was delisted on the 10th of March, 2015.
57 hedge funds and large institutions have $154M invested in PENFORD CORP in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
47% more capital invested
Capital invested by funds: $104M → $154M (+$49.5M)
19% more funds holding
Funds holding: 48 → 57 (+9)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$10.4M |
| 2 |
WIC
Water Island Capital
New York
|
+$7.1M |
| 3 |
Morgan Stanley
New York
|
+$5.71M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.11M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$7.93M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.16M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$6.29M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$4.26M |
| 5 |
Neuberger Berman Group
New York
|
-$2.75M |
PENX Hedge Fund Activity: Q4 2014 in Review
57 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PENFORD CORP (PENX) for Q4 2014, worth a combined $154M — up 47% from $104M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PENX positions and 12 closed out — a net gain of 10 holders — while 10 added to existing stakes and 19 trimmed.
The largest buyer was Gardner Lewis Asset Management, opening a new position worth an estimated $10.4M. The largest seller was THB Asset Management, exiting entirely with an estimated $7.93M sold.
- 57 institutional investors held PENFORD CORP (PENX) as of Q4 2014, up from 48 in Q3 2014.
- Funds reported $154M of PENFORD CORP stock for Q4 2014, up 47% quarter-over-quarter.
- 22 funds opened new PENFORD CORP positions in Q4 2014 and 12 closed out, a net change of +10 holders.
- The largest PENFORD CORP buyer in Q4 2014 was Gardner Lewis Asset Management, an estimated $10.4M added.
- The largest PENFORD CORP seller in Q4 2014 was THB Asset Management, an estimated $7.93M sold.
Based on aggregated 13F filings for Q4 2014.