PhenixFIN
54 hedge funds and large institutions have $42.5M invested in PhenixFIN in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 8 closing their positions.
13% more capital invested
Capital invested by funds: $37.4M → $42.5M (+$5.02M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.04% less ownership
Funds ownership: 1.29% → 1.25% (-0.04%)
10% less funds holding
Funds holding: 60 → 54 (-6)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$1.05M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$747K |
| 3 |
Morgan Stanley
New York
|
+$739K |
| 4 |
D.E. Shaw & Co
New York
|
+$105K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$77.6K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $2K | -$4.75K | -76 | -75% |
|
|
JPLA
52
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| $450 | +$4.38K | +70 | New |
|
|
HF
53
HRT Financial
New York
| – | -$237K | -4,467 | Closed |
|
|
AGM
54
Alpine Global Management
New York
| – | -$158K | -2,978 | Closed |
|
|
BCM
55
BlueCrest Capital Management
St Helier,
Jersey
| – | -$99K | -1,870 | Closed |
|
|
PI
56
PineBridge Investments
New York
| – | -$80K | -1,515 | Closed |
|
|
NFA
57
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$78K | -1,475 | Closed |
|
|
KM
58
Kalos Management
Alpharetta,
Georgia
| – | -$35K | -675 | Closed |
|
|
BCM
59
Bayesian Capital Management
Brooklyn,
New York
| – | -$32K | -594 | Closed |
|
60
Group One Trading
Chicago,
Illinois
| – | -$21K | -389 | Closed |
|
PFX Hedge Fund Activity: Q1 2019 in Review
54 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q1 2019, worth a combined $42.5M — up 13% from $37.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PFX and 2 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Highland Capital Management (Texas), opening a new position worth an estimated $1.05M. The largest seller was FrontFour Capital Group, cutting an estimated $1.16M.
- 54 institutional investors held PhenixFIN (PFX) as of Q1 2019, down from 60 in Q4 2018.
- Funds reported $42.5M of PhenixFIN stock for Q1 2019, up 13% quarter-over-quarter.
- 2 funds opened new PhenixFIN positions in Q1 2019 and 8 closed out, a net change of -6 holders.
- The largest PhenixFIN buyer in Q1 2019 was Highland Capital Management (Texas), an estimated $1.05M added.
- The largest PhenixFIN seller in Q1 2019 was FrontFour Capital Group, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2019.