PhenixFIN
PFX
101 hedge funds and large institutions have $148M invested in PhenixFIN in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 16 closing their positions.
65% more capital inflows, than outflows
Capital inflows: $33.6M | Capital outflows: $20.4M
1.37% more ownership
Funds ownership: 33.96% → 35.32% (+1.4%)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
5% less funds holding
Funds holding: 106 → 101 (-5)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
37% less call options, than puts
Call options by funds: $98K | Put options by funds: $156K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$8.42M |
| 2 |
BlackRock
New York
|
+$3.43M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.69M |
| 4 |
Putnam Investments
Boston,
Massachusetts
|
+$2.03M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Ironsides Partners
Boston,
Massachusetts
|
-$7.92M |
| 2 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$3.94M |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$2.67M |
| 4 |
First Trust Capital Management
Chicago,
Illinois
|
-$1.15M |
| 5 |
JP Morgan Chase
New York
|
-$979K |
PFX Hedge Fund Activity: Q1 2017 in Review
101 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q1 2017, worth a combined $148M — up 6.6% from $139M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PFX and 14 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 32 added.
The largest buyer was Muzinich & Co, adding an estimated $8.42M. The largest seller was Ironsides Partners, exiting entirely with an estimated $7.92M sold.
- 101 institutional investors held PhenixFIN (PFX) as of Q1 2017, down from 106 in Q4 2016.
- Funds reported $148M of PhenixFIN stock for Q1 2017, up 6.6% quarter-over-quarter.
- 14 funds opened new PhenixFIN positions in Q1 2017 and 16 closed out, a net change of -2 holders.
- The largest PhenixFIN buyer in Q1 2017 was Muzinich & Co, an estimated $8.42M added.
- The largest PhenixFIN seller in Q1 2017 was Ironsides Partners, an estimated $7.92M sold.
Based on aggregated 13F filings for Q1 2017.