PhenixFIN
PFX
19 hedge funds and large institutions have $20.8M invested in PhenixFIN in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more funds holding
Funds holding: 17 → 19 (+2)
0.05% more ownership
Funds ownership: 23.42% → 23.47% (+0.05%)
7% less capital invested
Capital invested by funds: $22.3M → $20.8M (-$1.48M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Adalta Capital Management
New York
|
+$116K |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$88.3K |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$17.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.21K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$133 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$111K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$87K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$13.1K |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$486 |
| 5 |
Wells Fargo
San Francisco,
California
|
-$486 |
PFX Hedge Fund Activity: Q4 2025 in Review
19 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in PhenixFIN (PFX) for Q4 2025, worth a combined $20.8M — down 6.6% from $22.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PFX positions and 0 closed out — a net gain of 2 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Adalta Capital Management, adding an estimated $116K. The largest seller was Morgan Stanley, cutting an estimated $111K.
- 19 institutional investors held PhenixFIN (PFX) as of Q4 2025, up from 17 in Q3 2025.
- Funds reported $20.8M of PhenixFIN stock for Q4 2025, down 6.6% quarter-over-quarter.
- 2 funds opened new PhenixFIN positions in Q4 2025 and 0 closed out, a net change of +2 holders.
- The largest PhenixFIN buyer in Q4 2025 was Adalta Capital Management, an estimated $116K added.
- The largest PhenixFIN seller in Q4 2025 was Morgan Stanley, an estimated $111K sold.
Based on aggregated 13F filings for Q4 2025.