PhenixFIN
24 hedge funds and large institutions have $8.33M invested in PhenixFIN in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
20% more funds holding
Funds holding: 20 → 24 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.18% less ownership
Funds ownership: 17.96% → 8.78% (-9.2%)
41% less capital invested
Capital invested by funds: $14.2M → $8.33M (-$5.87M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$614K |
| 2 |
Millennium Management
New York
|
+$412K |
| 3 |
TNB
Thomasville National Bank
Thomasville,
Georgia
|
+$339K |
| 4 |
LW
Linscomb Wealth
Houston,
Texas
|
+$241K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$3.05M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$1.52M |
| 3 |
BCV
Banque Cantonale Vaudoise
Lausanne,
Switzerland
|
-$71K |
| 4 |
RG
Retirement Group
San Diego,
California
|
-$13.8K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -31 | Closed |
|
|
CFD
27
Creative Financial Designs
Kokomo,
Indiana
| – | -$1K | -30 | Closed |
|
|
TCWA
28
Ten Capital Wealth Advisors
Spokane,
Washington
| – | -$1K | -30 | Closed |
|
|
HCMT
29
Highland Capital Management (Texas)
Dallas,
Texas
| – | +$153 | +5 | New |
|
PFX Hedge Fund Activity: Q1 2021 in Review
24 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q1 2021, worth a combined $8.33M — down 41% from $14.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFX positions and 5 closed out — a net gain of 5 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $614K. The largest seller was Fortress Investment Group, exiting entirely with an estimated $3.05M sold.
- 24 institutional investors held PhenixFIN (PFX) as of Q1 2021, up from 20 in Q4 2020.
- Funds reported $8.33M of PhenixFIN stock for Q1 2021, down 41% quarter-over-quarter.
- 10 funds opened new PhenixFIN positions in Q1 2021 and 5 closed out, a net change of +5 holders.
- The largest PhenixFIN buyer in Q1 2021 was Beach Point Capital Management, an estimated $614K added.
- The largest PhenixFIN seller in Q1 2021 was Fortress Investment Group, an estimated $3.05M sold.
Based on aggregated 13F filings for Q1 2021.