PhenixFIN
101 hedge funds and large institutions have $121M invested in PhenixFIN in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 25 reducing their positions, and 10 closing their positions.
189% more call options, than puts
Call options by funds: $789K | Put options by funds: $273K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
72% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 25
20% more capital invested
Capital invested by funds: $101M → $121M (+$20.1M)
7% more funds holding
Funds holding: 94 → 101 (+7)
0.07% more ownership
Funds ownership: 1.38% → 1.45% (+0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$2.97M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.8M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$2.61M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.53M |
| 5 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.27M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.91M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.54M |
| 4 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$2.27M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIC
101
Salem Investment Counselors
Winston Salem,
North Carolina
| $700 | +$68.1K | +459 | New |
|
|
MP
102
Mangrove Partners
Greenwich,
Connecticut
| – | -$2.54M | -18,963 | Closed |
|
|
OAM
103
Orinda Asset Management
Lafayette,
California
| – | -$618K | -4,683 | Closed |
|
|
GS
104
Girard Securities
San Diego,
California
| – | -$440K | -3,290 | Closed |
|
105
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$402K | -3,000 | Closed |
|
|
DTL
106
Dynamic Technology Lab
Singapore
| – | -$291K | -2,172 | Closed |
|
107
Two Sigma Advisers
New York
| – | -$84K | -625 | Closed |
|
108
Wolverine Trading
Chicago,
Illinois
| – | -$82K | -622 | Closed |
|
|
KA
109
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$77K | -574 | Closed |
|
110
Simplex Trading
Chicago,
Illinois
| – | -$21.1K | -142 | Closed |
|
111
AssetMark Inc
Concord,
California
| – | -$4K | -31 | Closed |
|
PFX Hedge Fund Activity: Q3 2016 in Review
101 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q3 2016, worth a combined $121M — up 20% from $101M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PFX positions and 10 closed out — a net gain of 9 holders — while 43 added to existing stakes and 25 trimmed.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $2.97M. The largest seller was Invesco, cutting an estimated $3.27M.
- 101 institutional investors held PhenixFIN (PFX) as of Q3 2016, up from 94 in Q2 2016.
- Funds reported $121M of PhenixFIN stock for Q3 2016, up 20% quarter-over-quarter.
- 19 funds opened new PhenixFIN positions in Q3 2016 and 10 closed out, a net change of +9 holders.
- The largest PhenixFIN buyer in Q3 2016 was Yorktown Management & Research Company, an estimated $2.97M added.
- The largest PhenixFIN seller in Q3 2016 was Invesco, an estimated $3.27M sold.
Based on aggregated 13F filings for Q3 2016.