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PhenixFIN

94 hedge funds and large institutions have $101M invested in PhenixFIN in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

8% more funds holding

Funds holding: 8794 (+7)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.06% less ownership

Funds ownership: 1.44%1.38% (-0.06%)

5% less capital invested

Capital invested by funds: $106M → $101M (-$4.77M)

13% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 31

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $172K

Holders
94
Holders Change
+7
Holders Change %
+8.05%
% of All Funds
2.51%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
27
Reduced
31
Closed
10
Calls
Puts
$172K
Net Calls
-$172K
Net Calls Change
-$271K
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$737K -$82.7K -624 -10%
Legal & General Group
27
Legal & General Group
United Kingdom
$721K -$61.2K -462 -8%
Two Sigma Investments
28
Two Sigma Investments
New York
$685K +$677K +5,112 New
OAM
29
Orinda Asset Management
California
$618K +$620K +4,683 New
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$590K +$14K +106 +2%
AG
31
Advisor Group
Arizona
$565K +$562K +4,239 New
SAM
32
Shikiar Asset Management
New York
$519K
EVM
33
Eaton Vance Management
Massachusetts
$499K
LPL Financial
34
LPL Financial
California
$481K -$464K -3,500 -51%
MNA
35
Manning & Napier Advisors
New York
$479K -$60.4K -456 -11%
GS
36
Girard Securities
California
$440K -$9.54K -72 -2%
Deutsche Bank
37
Deutsche Bank
Germany
$402K -$24.5K -185 -6%
Ameriprise
38
Ameriprise
Minnesota
$380K +$10.3K +78 +3%
AFP
39
Ausdal Financial Partners
Iowa
$340K +$337K +2,540 New
DTL
40
Dynamic Technology Lab
Singapore
$291K +$288K +2,172 New
WA
41
WFG Advisors
Texas
$290K +$7.95K +60 +3%
AWA
42
Arete Wealth Advisors
Illinois
$243K +$662 +5 +0.3%
Millennium Management
43
Millennium Management
New York
$229K -$113K -854 -33%
Citigroup
44
Citigroup
New York
$228K -$10.2K -77 -4%
NL
45
NWAM LLC
Washington
$199K -$34.2K -258 -15%
Goldman Sachs
46
Goldman Sachs
New York
$194K +$72.9K +550 +62%
HFS
47
HL Financial Services
Kentucky
$189K -$1.59K -12 -0.8%
CC
48
Caxton Corporation
New Jersey
$167K -$14.4K -109 -8%
NFC
49
Northeast Financial Consultants
Connecticut
$167K
CIBC World Market
50
CIBC World Market
Ontario, Canada
$163K -$10.1K -76 -6%

PFX Hedge Fund Activity: Q2 2016 in Review

94 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2016, worth a combined $101M — down 4.5% from $106M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFX positions and 10 closed out — a net gain of 7 holders — while 27 added to existing stakes and 31 trimmed.

The largest buyer was Ares Management, opening a new position worth an estimated $2.97M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.5M sold.

  • 94 institutional investors held PhenixFIN (PFX) as of Q2 2016, up from 87 in Q1 2016.
  • Funds reported $101M of PhenixFIN stock for Q2 2016, down 4.5% quarter-over-quarter.
  • 17 funds opened new PhenixFIN positions in Q2 2016 and 10 closed out, a net change of +7 holders.
  • The largest PhenixFIN buyer in Q2 2016 was Ares Management, an estimated $2.97M added.
  • The largest PhenixFIN seller in Q2 2016 was Rivernorth Capital Management, an estimated $5.5M sold.

Based on aggregated 13F filings for Q2 2016.