PhenixFIN
PFX
98 hedge funds and large institutions have $103M invested in PhenixFIN in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 18 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
3% less funds holding
Funds holding: 101 → 98 (-3)
5.77% less ownership
Funds ownership: 35.32% → 29.55% (-5.8%)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
38% less call options, than puts
Call options by funds: $97K | Put options by funds: $157K
68% less capital inflows, than outflows
Capital inflows: $10.7M | Capital outflows: $33.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.35M |
| 2 |
Advisory Research
Chicago,
Illinois
|
+$799K |
| 3 |
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$787K |
| 4 |
Arete Wealth Advisors
Chicago,
Illinois
|
+$718K |
| 5 |
Morgan Stanley
New York
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$10M |
| 2 |
Putnam Investments
Boston,
Massachusetts
|
-$6.2M |
| 3 |
Millennium Management
New York
|
-$2.79M |
| 4 |
Two Sigma Investments
New York
|
-$2.43M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.75M |
PFX Hedge Fund Activity: Q2 2017 in Review
98 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2017, worth a combined $103M — down 30% from $148M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PFX and 15 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 35 added.
The largest buyer was Invesco, adding an estimated $2.35M. The largest seller was Muzinich & Co, cutting an estimated $10M.
- 98 institutional investors held PhenixFIN (PFX) as of Q2 2017, down from 101 in Q1 2017.
- Funds reported $103M of PhenixFIN stock for Q2 2017, down 30% quarter-over-quarter.
- 15 funds opened new PhenixFIN positions in Q2 2017 and 18 closed out, a net change of -3 holders.
- The largest PhenixFIN buyer in Q2 2017 was Invesco, an estimated $2.35M added.
- The largest PhenixFIN seller in Q2 2017 was Muzinich & Co, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2017.