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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, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.09% less ownership

Funds ownership: 1.36%1.27% (-0.09%)

10% less funds holding

Funds holding: 7971 (-8)

18% less capital invested

Capital invested by funds: $59.1M → $48.3M (-$10.8M)

56% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 34

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

Holders
71
Holders Change
-8
Holders Change %
-10.13%
% of All Funds
1.63%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
5
Increased
15
Reduced
34
Closed
12
Calls
$19K
Puts
$275K
Net Calls
-$256K
Net Calls Change
+$53K
Name Holding Trade Value Shares
Change
Change in
Stake
AFG
1
American Financial Group
Ohio
$7.89M
Invesco
2
Invesco
Georgia
$5.63M
RAM
3
Roumell Asset Management
Maryland
$3.86M -$14.2K -187 -0.3%
AM
4
Ares Management
California
$3.85M +$533K +7,000 +15%
PAM
5
PVG Asset Management
Colorado
$3.81M -$1.32M -17,336 -24%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$1.93M -$190K -2,500 -8%
UBS Group
7
UBS Group
Switzerland
$1.71M +$63.9K +839 +4%
CIM
8
Confluence Investment Management
Missouri
$1.69M -$381K -5,000 -17%
AAM
9
Advisors Asset Management
Colorado
$1.49M -$84.8K -1,114 -5%
GC
10
Guggenheim Capital
Illinois
$1.41M -$206K -2,706 -12%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$1.32M
WFI
12
West Family Investments
California
$1.27M
RA
13
Rational Advisors
New York
$1.26M -$401K -5,268 -23%
Wells Fargo
14
Wells Fargo
California
$1.18M -$165K -2,163 -11%
Morgan Stanley
15
Morgan Stanley
New York
$1.05M -$217K -2,845 -16%
BlackRock
16
BlackRock
New York
$839K -$222K -2,922 -19%
Legal & General Group
17
Legal & General Group
United Kingdom
$736K +$52.2K +686 +7%
GIM
18
Greenwich Investment Management
Connecticut
$657K +$720K +9,462 New
CAS
19
Cue Advisory Services
Arizona
$645K -$15.2K -200 -2%
AWA
20
Arete Wealth Advisors
Illinois
$453K -$19K -250 -4%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$373K -$130K -1,710 -24%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$357K -$11K -145 -3%
HCMT
23
Highland Capital Management (Texas)
Texas
$339K +$372K +4,885 New
Millennium Management
24
Millennium Management
New York
$312K -$106K -1,395 -24%
NFA
25
Nuveen Fund Advisors
Illinois
$301K -$103K -1,350 -24%

PFX Hedge Fund Activity: Q2 2018 in Review

71 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2018, worth a combined $48.3M — down 18% from $59.1M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PFX and 5 opened new positions — a net loss of 7 holders — while 34 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.