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.
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: 94 → 99 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.69M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.23M |
| 3 |
Jane Street
New York
|
+$4.66M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$4.34M |
| 5 |
Morgan Stanley
New York
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$6.67M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.47M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$576K |
| 4 |
State Street
Boston,
Massachusetts
|
-$472K |
| 5 |
GCM
Glaxis Capital Management
Sarasota,
Florida
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UOC
101
UBS O'Connor
Chicago,
Illinois
| – | -$4.47M | -16,476 | Closed |
|
|
102
Capital Fund Management (CFM)
Paris,
France
| – | -$576K | -2,119 | Closed |
|
|
PP
103
PDT Partners
New York
| – | -$441K | -1,622 | Closed |
|
|
RJFSA
104
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$350K | -1,289 | Closed |
|
|
SCM
105
Sterling Capital Management
Charlotte,
North Carolina
| – | -$349K | -1,285 | Closed |
|
|
PMG
106
ProVise Management Group
Clearwater,
Florida
| – | -$326K | -1,200 | Closed |
|
|
ACM
107
Ativo Capital Management
Chicago,
Illinois
| – | -$309K | -1,139 | Closed |
|
108
US Bancorp
Minneapolis,
Minnesota
| – | -$235K | -863 | Closed |
|
|
PP
109
Paloma Partners
Greenwich,
Connecticut
| – | -$151K | -557 | Closed |
|
|
PG
110
PEAK6 Group
Chicago,
Illinois
| – | -$4.73K | -17 | 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.