PhenixFIN
42 hedge funds and large institutions have $13.1M invested in PhenixFIN in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 15 closing their positions.
35% more capital invested
Capital invested by funds: $9.63M → $13.1M (+$3.42M)
0.17% less ownership
Funds ownership: 1.53% → 1.36% (-0.17%)
14% less funds holding
Funds holding: 49 → 42 (-7)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$92.9K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$66.2K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$39K |
| 4 |
LW
Linscomb Wealth
Houston,
Texas
|
+$16.6K |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$292K |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$289K |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$138K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$112K |
| 5 |
FM
Fondren Management
Houston,
Texas
|
-$110K |
PFX Hedge Fund Activity: Q2 2020 in Review
42 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q2 2020, worth a combined $13.1M — up 35% from $9.63M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PFX and 9 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Almitas Capital, opening a new position worth an estimated $92.9K. The largest seller was Bank of Montreal, exiting entirely with an estimated $292K sold.
- 42 institutional investors held PhenixFIN (PFX) as of Q2 2020, down from 49 in Q1 2020.
- Funds reported $13.1M of PhenixFIN stock for Q2 2020, up 35% quarter-over-quarter.
- 9 funds opened new PhenixFIN positions in Q2 2020 and 15 closed out, a net change of -6 holders.
- The largest PhenixFIN buyer in Q2 2020 was Almitas Capital, an estimated $92.9K added.
- The largest PhenixFIN seller in Q2 2020 was Bank of Montreal, an estimated $292K sold.
Based on aggregated 13F filings for Q2 2020.