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PhenixFIN

54 hedge funds and large institutions have $42.5M invested in PhenixFIN in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $37.4M → $42.5M (+$5.02M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.04% less ownership

Funds ownership: 1.29%1.25% (-0.04%)

10% less funds holding

Funds holding: 6054 (-6)

41% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 22

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8

Holders
54
Holders Change
-6
Holders Change %
-10%
% of All Funds
1.17%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
2
Increased
13
Reduced
22
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFG
1
American Financial Group
Ohio
$7.07M
FCG
2
FrontFour Capital Group
Connecticut
$5.08M -$1.16M -18,604 -19%
MCP
3
Moab Capital Partners
New York
$4.88M -$187K -2,993 -4%
FM
4
Fondren Management
Texas
$4.41M +$747K +11,950 +20%
RAM
5
Roumell Asset Management
Maryland
$3.34M -$304K -4,858 -8%
Morgan Stanley
6
Morgan Stanley
New York
$2.04M +$739K +11,815 +56%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$1.73M
CIM
8
Confluence Investment Management
Missouri
$1.45M
HCMT
9
Highland Capital Management (Texas)
Texas
$1.04M +$1.05M +16,755 New
UBS Group
10
UBS Group
Switzerland
$1.02M -$310K -4,957 -23%
Legal & General Group
11
Legal & General Group
United Kingdom
$833K +$68.9K +1,102 +9%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$832K +$22.2K +355 +3%
BlackRock
13
BlackRock
New York
$812K +$40.1K +641 +5%
GIM
14
Greenwich Investment Management
Connecticut
$801K -$2.94K -47 -0.4%
AAM
15
Advisors Asset Management
Colorado
$750K -$314K -5,016 -29%
WFI
16
West Family Investments
California
$747K
AM
17
Ares Management
California
$682K -$232K -3,702 -25%
PA
18
PFG Advisors
Arizona
$638K -$12.5K -200 -2%
GC
19
Guggenheim Capital
Illinois
$633K -$155K -2,484 -20%
LPL Financial
20
LPL Financial
California
$457K -$98.8K -1,579 -18%
Mackenzie Financial
21
Mackenzie Financial
Ontario, Canada
$370K -$52.7K -842 -12%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$320K
WAM
23
Weiss Asset Management
Massachusetts
$300K
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$294K -$37.8K -604 -11%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$217K +$77.6K +1,241 +55%

PFX Hedge Fund Activity: Q1 2019 in Review

54 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q1 2019, worth a combined $42.5M — up 13% from $37.4M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of PFX and 2 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 13 added.

The largest buyer was Highland Capital Management (Texas), opening a new position worth an estimated $1.05M. The largest seller was FrontFour Capital Group, cutting an estimated $1.16M.

  • 54 institutional investors held PhenixFIN (PFX) as of Q1 2019, down from 60 in Q4 2018.
  • Funds reported $42.5M of PhenixFIN stock for Q1 2019, up 13% quarter-over-quarter.
  • 2 funds opened new PhenixFIN positions in Q1 2019 and 8 closed out, a net change of -6 holders.
  • The largest PhenixFIN buyer in Q1 2019 was Highland Capital Management (Texas), an estimated $1.05M added.
  • The largest PhenixFIN seller in Q1 2019 was FrontFour Capital Group, an estimated $1.16M sold.

Based on aggregated 13F filings for Q1 2019.