PhenixFIN
60 hedge funds and large institutions have $37.4M invested in PhenixFIN in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 25 reducing their positions, and 11 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
0.13% less ownership
Funds ownership: 1.42% → 1.29% (-0.13%)
8% less funds holding
Funds holding: 65 → 60 (-5)
36% less capital invested
Capital invested by funds: $58.9M → $37.4M (-$21.5M)
40% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 25
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
90% less call options, than puts
Call options by funds: $2K | Put options by funds: $21K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$1.7M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$1.41M |
| 3 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$495K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$340K |
| 5 |
HF
HRT Financial
New York
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$6.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$805K |
| 3 |
RA
Rational Advisors
Huntington,
New York
|
-$511K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$459K |
| 5 |
AM
Ares Management
Los Angeles,
California
|
-$368K |
PFX Hedge Fund Activity: Q4 2018 in Review
60 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q4 2018, worth a combined $37.4M — down 36% from $58.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PFX and 6 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 15 added.
The largest buyer was FrontFour Capital Group, adding an estimated $1.7M. The largest seller was Invesco, exiting entirely with an estimated $6.2M sold.
- 60 institutional investors held PhenixFIN (PFX) as of Q4 2018, down from 65 in Q3 2018.
- Funds reported $37.4M of PhenixFIN stock for Q4 2018, down 36% quarter-over-quarter.
- 6 funds opened new PhenixFIN positions in Q4 2018 and 11 closed out, a net change of -5 holders.
- The largest PhenixFIN buyer in Q4 2018 was FrontFour Capital Group, an estimated $1.7M added.
- The largest PhenixFIN seller in Q4 2018 was Invesco, an estimated $6.2M sold.
Based on aggregated 13F filings for Q4 2018.