PhenixFIN
91 hedge funds and large institutions have $92.6M invested in PhenixFIN in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 16 closing their positions.
0.02% less ownership
Funds ownership: 1.48% → 1.46% (-0.02%)
7% less funds holding
Funds holding: 98 → 91 (-7)
10% less capital invested
Capital invested by funds: $103M → $92.6M (-$10.9M)
22% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 32
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $100K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$2.7M |
| 2 |
JP Morgan Chase
New York
|
+$1.05M |
| 3 |
Morgan Stanley
New York
|
+$878K |
| 4 |
Millennium Management
New York
|
+$764K |
| 5 |
D.E. Shaw & Co
New York
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$2.91M |
| 2 |
SAM
Selway Asset Management
|
-$977K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$836K |
| 4 |
Two Sigma Advisers
New York
|
-$737K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$670K |
PFX Hedge Fund Activity: Q3 2017 in Review
91 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q3 2017, worth a combined $92.6M — down 10% from $103M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PFX and 11 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 25 added.
The largest buyer was Roumell Asset Management, opening a new position worth an estimated $2.7M. The largest seller was Muzinich & Co, exiting entirely with an estimated $2.91M sold.
- 91 institutional investors held PhenixFIN (PFX) as of Q3 2017, down from 98 in Q2 2017.
- Funds reported $92.6M of PhenixFIN stock for Q3 2017, down 10% quarter-over-quarter.
- 11 funds opened new PhenixFIN positions in Q3 2017 and 16 closed out, a net change of -5 holders.
- The largest PhenixFIN buyer in Q3 2017 was Roumell Asset Management, an estimated $2.7M added.
- The largest PhenixFIN seller in Q3 2017 was Muzinich & Co, an estimated $2.91M sold.
Based on aggregated 13F filings for Q3 2017.