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PhenixFIN

92 hedge funds and large institutions have $189M invested in PhenixFIN in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 41 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.15% less ownership

Funds ownership: 1.9%1.75% (-0.15%)

9% less capital invested

Capital invested by funds: $207M → $189M (-$18.1M)

12% less funds holding

Funds holding: 10592 (-13)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

32% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 41

48% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 23

67% less call options, than puts

Call options by funds: $32K | Put options by funds: $96K

Holders
92
Holders Change
-13
Holders Change %
-12.38%
% of All Funds
2.45%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
12
Increased
28
Reduced
41
Closed
23
Calls
$32K
Puts
$96K
Net Calls
-$64K
Net Calls Change
+$341K
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$1.31M
LPL Financial
27
LPL Financial
California
$1.29M +$10.6K +57 +0.8%
BTS
28
BB&T Securities
Virginia
$1.26M -$4.28K -23 -3%
Barclays
29
Barclays
United Kingdom
$1.22M -$201K -1,078 -14%
WFI
30
West Family Investments
California
$1.13M
TYCC
31
Texas Yale Capital Corp
Florida
$1.12M +$849K +4,567 +294%
HC
32
Hurley Capital
New York
$1.1M +$505K +2,717 +77%
JIC
33
JRM Investment Counsel
Nebraska
$1.06M
Millennium Management
34
Millennium Management
New York
$882K -$59.1K -318 -6%
IPC
35
Independent Portfolio Consultants
Florida
$705K +$17.7K +95 +3%
EVM
36
Eaton Vance Management
Massachusetts
$682K
Stifel Financial
37
Stifel Financial
Missouri
$627K -$1.66M -8,900 -72%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$575K -$204K -1,095 -26%
Legal & General Group
39
Legal & General Group
United Kingdom
$558K -$30.9K -166 -5%
SPC
40
Sigma Planning Corp
Michigan
$508K -$16.9K -91 -3%
NFC
41
Northeast Financial Consultants
Connecticut
$503K -$75.3K -405 -13%
Citadel Advisors
42
Citadel Advisors
Florida
$489K -$264K -1,420 -35%
GIM
43
Greenwich Investment Management
Connecticut
$467K +$21.2K +114 +5%
Allianz Asset Management
44
Allianz Asset Management
Germany
$464K -$151K -813 -24%
Goldman Sachs
45
Goldman Sachs
New York
$455K -$453K -2,438 -50%
NL
46
NWAM LLC
Washington
$448K -$106K -572 -19%
BIG
47
Blackthorn Investment Group
Kansas
$438K -$113K -605 -20%
PP
48
PDT Partners
New York
$428K +$435K +2,339 New
CPIG
49
Chicago Partners Investment Group
Illinois
$402K -$744 -4 -0.2%
TG
50
TCW Group
California
$398K +$405K +2,175 New

PFX Hedge Fund Activity: Q1 2015 in Review

92 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q1 2015, worth a combined $189M — down 8.7% from $207M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PFX and 12 opened new positions — a net loss of 11 holders — while 41 trimmed existing stakes and 28 added.

The largest buyer was Raging Capital Management, opening a new position worth an estimated $5.49M. The largest seller was Ameriprise, cutting an estimated $11.5M.

  • 92 institutional investors held PhenixFIN (PFX) as of Q1 2015, down from 105 in Q4 2014.
  • Funds reported $189M of PhenixFIN stock for Q1 2015, down 8.7% quarter-over-quarter.
  • 12 funds opened new PhenixFIN positions in Q1 2015 and 23 closed out, a net change of -11 holders.
  • The largest PhenixFIN buyer in Q1 2015 was Raging Capital Management, an estimated $5.49M added.
  • The largest PhenixFIN seller in Q1 2015 was Ameriprise, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2015.