PhenixFIN
60 hedge funds and large institutions have $33.7M invested in PhenixFIN in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
11% more funds holding
Funds holding: 54 → 60 (+6)
0.07% more ownership
Funds ownership: 1.25% → 1.32% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
21% less capital invested
Capital invested by funds: $42.5M → $33.7M (-$8.73M)
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
Top Buyers
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$2.05M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$393K |
| 3 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$376K |
| 4 |
Morgan Stanley
New York
|
+$286K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$264K |
Top Sellers
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$682K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$300K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$149K |
| 4 |
DAL
David A. Lorber
|
-$130K |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$86.8K |
PFX Hedge Fund Activity: Q2 2019 in Review
60 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2019, worth a combined $33.7M — down 21% from $42.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFX positions and 5 closed out — a net gain of 6 holders — while 11 added to existing stakes and 19 trimmed.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $2.05M. The largest seller was Ares Management, exiting entirely with an estimated $682K sold.
- 60 institutional investors held PhenixFIN (PFX) as of Q2 2019, up from 54 in Q1 2019.
- Funds reported $33.7M of PhenixFIN stock for Q2 2019, down 21% quarter-over-quarter.
- 11 funds opened new PhenixFIN positions in Q2 2019 and 5 closed out, a net change of +6 holders.
- The largest PhenixFIN buyer in Q2 2019 was Virtus ETF Advisers, an estimated $2.05M added.
- The largest PhenixFIN seller in Q2 2019 was Ares Management, an estimated $682K sold.
Based on aggregated 13F filings for Q2 2019.