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PhenixFIN

99 hedge funds and large institutions have $243M invested in PhenixFIN in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 17 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 17

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

23% more capital invested

Capital invested by funds: $197M → $243M (+$45.7M)

5% more funds holding

Funds holding: 9499 (+5)

0.32% less ownership

Funds ownership: 2.53%2.21% (-0.32%)

46% less call options, than puts

Call options by funds: $450K | Put options by funds: $826K

Holders
99
Holders Change
+5
Holders Change %
+5.32%
% of All Funds
3.21%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
51
Reduced
17
Closed
11
Calls
$450K
Puts
$826K
Net Calls
-$376K
Net Calls Change
-$488K
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
76
Cambridge Investment Research Advisors
Iowa
$148K +$149K +536 New
BNP Paribas Financial Markets
77
BNP Paribas Financial Markets
France
$142K -$8.07K -29 -5%
CIS
78
Connors Investor Services
Pennsylvania
$138K
MFS
79
MSI Financial Services
Massachusetts
$137K +$4.45K +16 +3%
RFC
80
Russell Frank Company
Washington
$137K +$136K +488 +6,971%
SG Americas Securities
81
SG Americas Securities
New York
$104K -$114K -409 -52%
Credit Agricole
82
Credit Agricole
France
$100K +$102K +365 New
Bank of America
83
Bank of America
North Carolina
$97K -$134K -483 -58%
Group One Trading
84
Group One Trading
Illinois
$74K +$54.2K +195 +260%
Royal Bank of Canada
85
Royal Bank of Canada
Ontario, Canada
$71K -$408K -1,467 -85%
NES
86
New England Securities
New York
$57K +$1.95K +7 +4%
Teacher Retirement System of Texas
87
Teacher Retirement System of Texas
Texas
$51K +$20K +72 +65%
MAA
88
Managed Account Advisors
New Jersey
$49K +$6.95K +25 +16%
WA
89
Waverly Advisors
Alabama
$48K +$48.7K +175 New
Creative Planning
90
Creative Planning
Kansas
$41K
CTC
91
Central Trust Company
Missouri
$28K
WTC
92
WhitTier Trust Company
Nevada
$25K
OAM
93
Orinda Asset Management
California
$22K +$22.3K +80 New
WA
94
WFG Advisors
Texas
$21K +$21.4K +77 New
BlackRock
95
BlackRock
New York
$18K -$9.73K -35 -35%
California Public Employees Retirement System
96
California Public Employees Retirement System
California
$17K
TRCT
97
Tower Research Capital (TRC)
New York
$14K -$6.4K -23 -32%
LTFS
98
Ladenburg Thalmann Financial Services
Florida
$5K
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$288
N
100
Nuveen
North Carolina
-$6.67M -24,562 Closed

PFX Hedge Fund Activity: Q3 2013 in Review

99 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q3 2013, worth a combined $243M — up 23% from $197M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PFX positions and 11 closed out — a net gain of 5 holders — while 51 added to existing stakes and 17 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $5.69M. The largest seller was Nuveen, exiting entirely with an estimated $6.67M sold.

  • 99 institutional investors held PhenixFIN (PFX) as of Q3 2013, up from 94 in Q2 2013.
  • Funds reported $243M of PhenixFIN stock for Q3 2013, up 23% quarter-over-quarter.
  • 16 funds opened new PhenixFIN positions in Q3 2013 and 11 closed out, a net change of +5 holders.
  • The largest PhenixFIN buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $5.69M added.
  • The largest PhenixFIN seller in Q3 2013 was Nuveen, an estimated $6.67M sold.

Based on aggregated 13F filings for Q3 2013.