PhenixFIN
71 hedge funds and large institutions have $48.3M invested in PhenixFIN in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 33 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.08% less ownership
Funds ownership: 1.35% → 1.27% (-0.08%)
10% less funds holding
Funds holding: 79 → 71 (-8)
18% less capital invested
Capital invested by funds: $58.8M → $48.3M (-$10.5M)
55% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 33
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
93% less call options, than puts
Call options by funds: $19K | Put options by funds: $275K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$720K |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$533K |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$372K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$205K |
| 5 |
VF
Virtu Financial
New York
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$1.32M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$637K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$405K |
| 4 |
RA
Rational Advisors
Huntington,
New York
|
-$401K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$381K |
PFX Hedge Fund Activity: Q2 2018 in Review
71 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2018, worth a combined $48.3M — down 18% from $58.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PFX and 5 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 15 added.
The largest buyer was Greenwich Investment Management, opening a new position worth an estimated $720K. The largest seller was PVG Asset Management, cutting an estimated $1.32M.
- 71 institutional investors held PhenixFIN (PFX) as of Q2 2018, down from 79 in Q1 2018.
- Funds reported $48.3M of PhenixFIN stock for Q2 2018, down 18% quarter-over-quarter.
- 5 funds opened new PhenixFIN positions in Q2 2018 and 12 closed out, a net change of -7 holders.
- The largest PhenixFIN buyer in Q2 2018 was Greenwich Investment Management, an estimated $720K added.
- The largest PhenixFIN seller in Q2 2018 was PVG Asset Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q2 2018.