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.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
8% more funds holding
Funds holding: 87 → 94 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (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
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
101
Tower Research Capital (TRC)
New York
| – | -$31K | -233 | Closed |
|
102
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$28K | -210 | Closed |
|
|
TFA
103
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$8K | -53 | Closed |
|
|
DADC
104
D.A. Davidson & Co
Great Falls,
Montana
| – | -$3K | -25 | 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.