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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.

New
Increased
Maintained
Reduced
Closed

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: 9499 (+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

Holders
99
Holders Change
+5
Holders Change %
+5.32%
% of All Funds
3.21%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
51
Reduced
17
Closed
11
Calls
$450K
Puts
$826K
Net Calls
-$376K
Net Calls Change
-$488K
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
1
ClearBridge Investments
New York
$23.5M +$2.84M +10,206 +14%
Ameriprise
2
Ameriprise
Minnesota
$18.8M +$2.53M +9,109 +15%
BFA
3
BlackRock Fund Advisors
California
$15.8M +$5.69M +20,452 +56%
CIM
4
Confluence Investment Management
Missouri
$10.6M +$432K +1,552 +4%
NIMC
5
NWQ Investment Management Company
California
$10.3M +$4.34M +15,597 +72%
State Street
6
State Street
Massachusetts
$9.95M -$472K -1,698 -4%
Invesco
7
Invesco
Georgia
$9.87M +$912K +3,278 +10%
U
8
UBS
Switzerland
$9.85M +$383K +1,378 +4%
AAM
9
Advisors Asset Management
Colorado
$9.16M +$2.54M +9,124 +38%
HCM
10
Hilton Capital Management
New York
$7.69M +$254K +913 +3%
Principal Financial Group
11
Principal Financial Group
Iowa
$6.68M +$64.5K +232 +1%
BIT
12
BlackRock Institutional Trust
California
$6.68M +$1.56M +5,625 +30%
KCM
13
Kennedy Capital Management
Missouri
$6.67M +$686K +2,468 +11%
YMRC
14
Yorktown Management & Research Company
Virginia
$6.39M
Morgan Stanley
15
Morgan Stanley
New York
$6.23M +$3.83M +13,787 +157%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$5.83M +$2.48M +8,929 +73%
Northern Trust
17
Northern Trust
Illinois
$5.24M -$327K -1,177 -6%
PI
18
Putnam Investments
Massachusetts
$5.18M +$5.23M +18,795 New
Wells Fargo
19
Wells Fargo
California
$4.79M +$46.2K +166 +1%
Jane Street
20
Jane Street
New York
$4.62M +$4.66M +16,741 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$4.58M +$718K +2,581 +18%
BTS
22
BB&T Securities
Virginia
$4.43M +$268K +964 +150%
Vanguard Group
23
Vanguard Group
Pennsylvania
$4.25M +$766K +2,754 +22%
Allianz Asset Management
24
Allianz Asset Management
Germany
$3.75M +$349K +1,253 +10%
CS
25
Credit Suisse
Switzerland
$3.22M +$433K +1,556 +15%

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.