Pier 1 Imports, Inc.
PIR
PIR was delisted on the 14th of February, 2020.
159 hedge funds and large institutions have $275M invested in Pier 1 Imports, Inc. in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 61 reducing their positions, and 29 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 61
5% less funds holding
Funds holding: 167 → 159 (-8)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
26% less capital invested
Capital invested by funds: $372M → $275M (-$96.4M)
67% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $4.81M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$6.92M |
| 2 |
AC
Armistice Capital
New York
|
+$3.76M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.66M |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$2.24M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.31M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$5.47M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.73M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$3.61M |
PIR Hedge Fund Activity: Q3 2017 in Review
159 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pier 1 Imports, Inc. (PIR) for Q3 2017, worth a combined $275M — down 26% from $372M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PIR and 22 opened new positions — a net loss of 7 holders — while 61 trimmed existing stakes and 56 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $6.92M. The largest seller was Acadian Asset Management, cutting an estimated $10.3M.
- 159 institutional investors held Pier 1 Imports, Inc. (PIR) as of Q3 2017, down from 167 in Q2 2017.
- Funds reported $275M of Pier 1 Imports, Inc. stock for Q3 2017, down 26% quarter-over-quarter.
- 22 funds opened new Pier 1 Imports, Inc. positions in Q3 2017 and 29 closed out, a net change of -7 holders.
- The largest Pier 1 Imports, Inc. buyer in Q3 2017 was Towle & Co, an estimated $6.92M added.
- The largest Pier 1 Imports, Inc. seller in Q3 2017 was Acadian Asset Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2017.