PREMIERE GLOBAL SERVICES, INC.
PGI
PGI was delisted on the 8th of December, 2015.
134 hedge funds and large institutions have $545M invested in PREMIERE GLOBAL SERVICES, INC. in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 63 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
8% more capital invested
Capital invested by funds: $506M → $545M (+$38.6M)
4% more funds holding
Funds holding: 129 → 134 (+5)
49% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$15.7M |
| 2 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$7.55M |
| 3 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
+$6.77M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$5.29M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$13.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.5M |
| 3 |
Goldman Sachs
New York
|
-$8.76M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.22M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.96M |
PGI Hedge Fund Activity: Q2 2014 in Review
134 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in PREMIERE GLOBAL SERVICES, INC. (PGI) for Q2 2014, worth a combined $545M — up 7.6% from $506M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PGI positions and 7 closed out — a net gain of 6 holders — while 32 added to existing stakes and 63 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $15.7M. The largest seller was Bank of New York Mellon, cutting an estimated $13.1M.
- 134 institutional investors held PREMIERE GLOBAL SERVICES, INC. (PGI) as of Q2 2014, up from 129 in Q1 2014.
- Funds reported $545M of PREMIERE GLOBAL SERVICES, INC. stock for Q2 2014, up 7.6% quarter-over-quarter.
- 13 funds opened new PREMIERE GLOBAL SERVICES, INC. positions in Q2 2014 and 7 closed out, a net change of +6 holders.
- The largest PREMIERE GLOBAL SERVICES, INC. buyer in Q2 2014 was Bank of Montreal, an estimated $15.7M added.
- The largest PREMIERE GLOBAL SERVICES, INC. seller in Q2 2014 was Bank of New York Mellon, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2014.