PREMIERE GLOBAL SERVICES, INC.
PGI
PGI was delisted on the 8th of December, 2015.
135 hedge funds and large institutions have $415M invested in PREMIERE GLOBAL SERVICES, INC. in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 19 closing their positions.
90% more call options, than puts
Call options by funds: $406K | Put options by funds: $214K
0% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 50
3% less funds holding
Funds holding: 139 → 135 (-4)
14% less capital invested
Capital invested by funds: $482M → $415M (-$67.5M)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$18.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$3.42M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.38M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.59M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.7M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$6.04M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$4.85M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
-$3.31M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Ameriprise
Minneapolis,
Minnesota
| – | -$49K | -4,142 | Closed |
|
|
MOACM
152
Mutual of America Capital Management
New York
| – | -$48K | -4,000 | Closed |
|
153
BNP Paribas Financial Markets
Paris,
France
| – | -$34.2K | -2,859 | Closed |
|
|
BG
154
Bollard Group
Boston,
Massachusetts
| – | -$15K | -1,292 | Closed |
|
PGI Hedge Fund Activity: Q4 2014 in Review
135 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PREMIERE GLOBAL SERVICES, INC. (PGI) for Q4 2014, worth a combined $415M — down 14% from $482M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PGI and 16 opened new positions — a net loss of 3 holders — while 50 trimmed existing stakes and 50 added.
The largest buyer was Pembroke Management, adding an estimated $18.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $26.7M.
- 135 institutional investors held PREMIERE GLOBAL SERVICES, INC. (PGI) as of Q4 2014, down from 139 in Q3 2014.
- Funds reported $415M of PREMIERE GLOBAL SERVICES, INC. stock for Q4 2014, down 14% quarter-over-quarter.
- 16 funds opened new PREMIERE GLOBAL SERVICES, INC. positions in Q4 2014 and 19 closed out, a net change of -3 holders.
- The largest PREMIERE GLOBAL SERVICES, INC. buyer in Q4 2014 was Pembroke Management, an estimated $18.9M added.
- The largest PREMIERE GLOBAL SERVICES, INC. seller in Q4 2014 was T. Rowe Price Associates, an estimated $26.7M sold.
Based on aggregated 13F filings for Q4 2014.