PhenixFIN
99 hedge funds and large institutions have $140M invested in PhenixFIN in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
8% more funds holding
Funds holding: 92 → 99 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.07% less ownership
Funds ownership: 1.7% → 1.62% (-0.07%)
11% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 36
20% less capital invested
Capital invested by funds: $175M → $140M (-$35.1M)
98% less call options, than puts
Call options by funds: $1K | Put options by funds: $62K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.71M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2M |
| 3 |
Millennium Management
New York
|
+$1.81M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.22M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.15M |
| 2 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$2.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.39M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.36M |
| 5 |
JIC
JRM Investment Counsel
Omaha,
Nebraska
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Tudor Investment Corp
Stamford,
Connecticut
| – | -$169K | -949 | Closed |
|
|
PP
102
PDT Partners
New York
| – | -$101K | -569 | Closed |
|
103
Jane Street
New York
| – | -$99K | -556 | Closed |
|
|
SCA
104
Strategic Capital Alternatives
Gig Harbor,
United States
| – | -$58K | -325 | Closed |
|
|
SSG
105
Summit Securities Group
New York
| – | -$12K | -68 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | -$6.81K | -40 | Closed |
|
|
BRWM
107
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$4K | -25 | Closed |
|
|
GAM
108
Gemmer Asset Management
Walnut Creek,
California
| – | -$1K | -8 | Closed |
|
109
US Bancorp
Minneapolis,
Minnesota
| – | +$341 | +2 | New |
|
PFX Hedge Fund Activity: Q3 2015 in Review
99 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q3 2015, worth a combined $140M — down 20% from $175M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PFX positions and 10 closed out — a net gain of 7 holders — while 32 added to existing stakes and 36 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $2.71M. The largest seller was Invesco, cutting an estimated $7.15M.
- 99 institutional investors held PhenixFIN (PFX) as of Q3 2015, up from 92 in Q2 2015.
- Funds reported $140M of PhenixFIN stock for Q3 2015, down 20% quarter-over-quarter.
- 17 funds opened new PhenixFIN positions in Q3 2015 and 10 closed out, a net change of +7 holders.
- The largest PhenixFIN buyer in Q3 2015 was AllianceBernstein, an estimated $2.71M added.
- The largest PhenixFIN seller in Q3 2015 was Invesco, an estimated $7.15M sold.
Based on aggregated 13F filings for Q3 2015.