PhenixFIN
52 hedge funds and large institutions have $39.1M invested in PhenixFIN in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 21 reducing their positions, and 11 closing their positions.
4% more capital invested
Capital invested by funds: $37.4M → $39.1M (+$1.65M)
0.32% more ownership
Funds ownership: 1.33% → 1.64% (+0.32%)
7% less funds holding
Funds holding: 56 → 52 (-4)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
67% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 21
Top Buyers
| 1 |
FIG
Fortress Investment Group
New York
|
+$15.3M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
+$692K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$521K |
| 4 |
Morgan Stanley
New York
|
+$498K |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$364K |
Top Sellers
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$3.19M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
-$1.09M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.04M |
| 4 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$868K |
| 5 |
CB
Cadence Bank
Tupelo,
Mississippi
|
-$380K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JPLA
51
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| $1K | – | – | – |
|
|
MCP
52
Moab Capital Partners
Southampton,
New York
| – | -$3.19M | -61,495 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$1.04M | -20,000 | Closed |
|
|
NAM
54
Nexpoint Asset Management
Dallas,
Texas
| – | -$868K | -16,755 | Closed |
|
|
GC
55
Guggenheim Capital
Chicago,
Illinois
| – | -$164K | -3,166 | Closed |
|
56
D.E. Shaw & Co
New York
| – | -$65K | -1,259 | Closed |
|
|
HF
57
HRT Financial
New York
| – | -$59K | -1,151 | Closed |
|
58
Goldman Sachs
New York
| – | -$28K | -533 | Closed |
|
59
Victory Capital Management
San Antonio,
Texas
| – | -$25K | -490 | Closed |
|
60
Bessemer Group
Woodbridge,
New Jersey
| – | -$4.4K | -100 | Closed |
|
|
VFA
61
Valeo Financial Advisors
Carmel,
Indiana
| – | -$1K | -25 | Closed |
|
PFX Hedge Fund Activity: Q4 2019 in Review
52 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q4 2019, worth a combined $39.1M — up 4.4% from $37.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PFX and 9 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 7 added.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $15.3M. The largest seller was Moab Capital Partners, exiting entirely with an estimated $3.19M sold.
- 52 institutional investors held PhenixFIN (PFX) as of Q4 2019, down from 56 in Q3 2019.
- Funds reported $39.1M of PhenixFIN stock for Q4 2019, up 4.4% quarter-over-quarter.
- 9 funds opened new PhenixFIN positions in Q4 2019 and 11 closed out, a net change of -2 holders.
- The largest PhenixFIN buyer in Q4 2019 was Fortress Investment Group, an estimated $15.3M added.
- The largest PhenixFIN seller in Q4 2019 was Moab Capital Partners, an estimated $3.19M sold.
Based on aggregated 13F filings for Q4 2019.