PREMIERE GLOBAL SERVICES, INC.
PGI
PGI was delisted on the 8th of December, 2015.
118 hedge funds and large institutions have $413M invested in PREMIERE GLOBAL SERVICES, INC. in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 48 increasing their positions, 42 reducing their positions, and 19 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 42
6% less funds holding
Funds holding: 125 → 118 (-7)
17% less capital invested
Capital invested by funds: $497M → $413M (-$84.4M)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.3M |
| 2 |
FIM
Foresters Investment Management
New York
|
+$3.47M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.31M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$2.6M |
| 5 |
FCAM
F&C Asset Management
Edinburgh, Scotland,
United Kingdom
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$7.12M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$5.57M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$4.56M |
| 4 |
JP Morgan Chase
New York
|
-$2.25M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.64M |
PGI Hedge Fund Activity: Q3 2013 in Review
118 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in PREMIERE GLOBAL SERVICES, INC. (PGI) for Q3 2013, worth a combined $413M — down 17% from $497M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PGI and 13 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 48 added.
The largest buyer was Goldman Sachs, adding an estimated $11.3M. The largest seller was Paradigm Capital Management Inc, cutting an estimated $7.12M.
- 118 institutional investors held PREMIERE GLOBAL SERVICES, INC. (PGI) as of Q3 2013, down from 125 in Q2 2013.
- Funds reported $413M of PREMIERE GLOBAL SERVICES, INC. stock for Q3 2013, down 17% quarter-over-quarter.
- 13 funds opened new PREMIERE GLOBAL SERVICES, INC. positions in Q3 2013 and 19 closed out, a net change of -6 holders.
- The largest PREMIERE GLOBAL SERVICES, INC. buyer in Q3 2013 was Goldman Sachs, an estimated $11.3M added.
- The largest PREMIERE GLOBAL SERVICES, INC. seller in Q3 2013 was Paradigm Capital Management Inc, an estimated $7.12M sold.
Based on aggregated 13F filings for Q3 2013.