PhenixFIN
16 hedge funds and large institutions have $19.1M invested in PhenixFIN in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
6% less funds holding
Funds holding: 17 → 16 (-1)
6.28% less ownership
Funds ownership: 27.35% → 21.07% (-6.3%)
20% less capital invested
Capital invested by funds: $23.9M → $19.1M (-$4.83M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Adalta Capital Management
New York
|
+$293K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$284K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$43.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$44 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$5.4M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$753K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$224K |
| 4 |
Morgan Stanley
New York
|
-$65.9K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$5.92K |
PFX Hedge Fund Activity: Q1 2024 in Review
16 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q1 2024, worth a combined $19.1M — down 20% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PFX and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was Adalta Capital Management, adding an estimated $293K. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $5.4M.
- 16 institutional investors held PhenixFIN (PFX) as of Q1 2024, down from 17 in Q4 2023.
- Funds reported $19.1M of PhenixFIN stock for Q1 2024, down 20% quarter-over-quarter.
- 2 funds opened new PhenixFIN positions in Q1 2024 and 3 closed out, a net change of -1 holder.
- The largest PhenixFIN buyer in Q1 2024 was Adalta Capital Management, an estimated $293K added.
- The largest PhenixFIN seller in Q1 2024 was Northwestern Mutual Wealth Management, an estimated $5.4M sold.
Based on aggregated 13F filings for Q1 2024.