Phunware
PHUN
17 hedge funds and large institutions have $42.7M invested in Phunware in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
3% more capital invested
Capital invested by funds: $41.5M → $42.7M (+$1.21M)
11% less funds holding
Funds holding: 19 → 17 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.28M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$388K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$231K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$177K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$804K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$179K |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$55.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| 5 |
LF
Lee Financial
Dallas,
Texas
|
-$8K |
PHUN Hedge Fund Activity: Q4 2017 in Review
17 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Phunware (PHUN) for Q4 2017, worth a combined $42.7M — up 2.9% from $41.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PHUN and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was K2 Principal Fund, adding an estimated $1.28M. The largest seller was Ionic Capital Management, exiting entirely with an estimated $804K sold.
- 17 institutional investors held Phunware (PHUN) as of Q4 2017, down from 19 in Q3 2017.
- Funds reported $42.7M of Phunware stock for Q4 2017, up 2.9% quarter-over-quarter.
- 2 funds opened new Phunware positions in Q4 2017 and 4 closed out, a net change of -2 holders.
- The largest Phunware buyer in Q4 2017 was K2 Principal Fund, an estimated $1.28M added.
- The largest Phunware seller in Q4 2017 was Ionic Capital Management, an estimated $804K sold.
Based on aggregated 13F filings for Q4 2017.