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PhenixFIN

94 hedge funds and large institutions have $101M invested in PhenixFIN in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 10

8% more funds holding

Funds holding: 8794 (+7)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.06% less ownership

Funds ownership: 1.44%1.38% (-0.06%)

5% less capital invested

Capital invested by funds: $106M → $101M (-$4.77M)

13% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 31

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $172K

Holders
94
Holders Change
+7
Holders Change %
+8.05%
% of All Funds
2.51%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
27
Reduced
31
Closed
10
Calls
Puts
$172K
Net Calls
-$172K
Net Calls Change
-$271K
Name Holding Trade Value Shares
Change
Change in
Stake
FANJ
76
Financial Architects (New Jersey)
New Jersey
$27K +$26.5K +200 New
GXMC
77
Global X Management Company
New York
$25K +$9.28K +70 +58%
CG
78
Cutler Group
California
$22K -$3.98K -30 -15%
PNC Financial Services Group
79
PNC Financial Services Group
Pennsylvania
$22K +$1.99K +15 +10%
Bank of America
80
Bank of America
North Carolina
$19K
Simplex Trading
81
Simplex Trading
Illinois
$19K +$13.5K +102 +255%
Manulife (Manufacturers Life Insurance)
82
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$14K +$1.99K +15 +17%
PAM
83
Panagora Asset Management
Massachusetts
$13K
WTC
84
WhitTier Trust Company
Nevada
$12K
JP Morgan Chase
85
JP Morgan Chase
New York
$10K +$10.2K +77 New
KF
86
Krilogy Financial
Missouri
$8K +$397 +3 +5%
AWMS
87
Advocacy Wealth Management Services
Georgia
$7K
FPB
88
First PREMIER Bank
South Dakota
$5K
SNT
89
Security National Trust
West Virginia
$5K
PCM
90
Penserra Capital Management
California
$4K
AssetMark Inc
91
AssetMark Inc
California
$4K +$4.11K +31 New
HI
92
Hudock Inc
Pennsylvania
$3K +$265 +2 +7%
Group One Trading
93
Group One Trading
Illinois
$2K
WCBA
94
Weaver C. Barksdale & Associates
Tennessee
$2K
RCM
95
Rivernorth Capital Management
Florida
-$5.5M -41,643 Closed
Janney Montgomery Scott
96
Janney Montgomery Scott
Pennsylvania
-$1.84M -13,919 Closed
AIG
97
American International Group
New York
-$603K -4,564 Closed
B
98
BancorpSouth
Mississippi
-$231K -1,750 Closed
TC
99
TFS Capital
Pennsylvania
-$113K -853 Closed
Susquehanna International Group
100
Susquehanna International Group
Pennsylvania
-$71.8K -542 Closed

PFX Hedge Fund Activity: Q2 2016 in Review

94 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2016, worth a combined $101M — down 4.5% from $106M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFX positions and 10 closed out — a net gain of 7 holders — while 27 added to existing stakes and 31 trimmed.

The largest buyer was Ares Management, opening a new position worth an estimated $2.97M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.5M sold.

  • 94 institutional investors held PhenixFIN (PFX) as of Q2 2016, up from 87 in Q1 2016.
  • Funds reported $101M of PhenixFIN stock for Q2 2016, down 4.5% quarter-over-quarter.
  • 17 funds opened new PhenixFIN positions in Q2 2016 and 10 closed out, a net change of +7 holders.
  • The largest PhenixFIN buyer in Q2 2016 was Ares Management, an estimated $2.97M added.
  • The largest PhenixFIN seller in Q2 2016 was Rivernorth Capital Management, an estimated $5.5M sold.

Based on aggregated 13F filings for Q2 2016.