PhenixFIN
106 hedge funds and large institutions have $139M invested in PhenixFIN in 2016 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
15% more capital invested
Capital invested by funds: $121M → $139M (+$17.7M)
5% more funds holding
Funds holding: 101 → 106 (+5)
0.25% more ownership
Funds ownership: 1.45% → 1.7% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
61% less call options, than puts
Call options by funds: $415K | Put options by funds: $1.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHI
William Harris Investors
Chicago,
Illinois
|
+$4.44M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.32M |
| 3 |
Two Sigma Investments
New York
|
+$2.06M |
| 4 |
MC
Muzinich & Co
New York
|
+$2.05M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$3.05M |
| 2 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$2.24M |
| 3 |
Morgan Stanley
New York
|
-$1.83M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.69M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.54M |
PFX Hedge Fund Activity: Q4 2016 in Review
106 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q4 2016, worth a combined $139M — up 15% from $121M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PFX positions and 16 closed out — a net gain of 5 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was William Harris Investors, opening a new position worth an estimated $4.44M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $3.05M sold.
- 106 institutional investors held PhenixFIN (PFX) as of Q4 2016, up from 101 in Q3 2016.
- Funds reported $139M of PhenixFIN stock for Q4 2016, up 15% quarter-over-quarter.
- 21 funds opened new PhenixFIN positions in Q4 2016 and 16 closed out, a net change of +5 holders.
- The largest PhenixFIN buyer in Q4 2016 was William Harris Investors, an estimated $4.44M added.
- The largest PhenixFIN seller in Q4 2016 was Yorktown Management & Research Company, an estimated $3.05M sold.
Based on aggregated 13F filings for Q4 2016.