Pier 1 Imports, Inc.
PIR
PIR was delisted on the 14th of February, 2020.
163 hedge funds and large institutions have $372M invested in Pier 1 Imports, Inc. in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 60 increasing their positions, 48 reducing their positions, and 43 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 48
9% less funds holding
Funds holding: 180 → 163 (-17)
35% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 43
38% less capital invested
Capital invested by funds: $604M → $372M (-$232M)
70% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $3.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$20.8M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$16.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.64M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$4.38M |
| 5 |
Two Sigma Investments
New York
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$34.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.4M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$17.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.4M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$11.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
201
MSI Financial Services
Springfield,
Massachusetts
| – | -$4K | -28 | Closed |
|
|
FHA
202
First Horizon Advisors
Memphis,
Tennessee
| – | -$3.61K | -27 | -75% |
|
|
GT
203
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -19 | Closed |
|
204
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -9 | Closed |
|
|
CHP
205
Cable Hill Partners
Portland,
Oregon
| – | -$535 | -4 | Closed |
|
PIR Hedge Fund Activity: Q4 2015 in Review
163 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Pier 1 Imports, Inc. (PIR) for Q4 2015, worth a combined $372M — down 38% from $604M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of PIR and 28 opened new positions — a net loss of 15 holders — while 48 trimmed existing stakes and 60 added.
The largest buyer was Wells Fargo, adding an estimated $20.8M. The largest seller was AllianceBernstein, cutting an estimated $34.7M.
- 163 institutional investors held Pier 1 Imports, Inc. (PIR) as of Q4 2015, down from 180 in Q3 2015.
- Funds reported $372M of Pier 1 Imports, Inc. stock for Q4 2015, down 38% quarter-over-quarter.
- 28 funds opened new Pier 1 Imports, Inc. positions in Q4 2015 and 43 closed out, a net change of -15 holders.
- The largest Pier 1 Imports, Inc. buyer in Q4 2015 was Wells Fargo, an estimated $20.8M added.
- The largest Pier 1 Imports, Inc. seller in Q4 2015 was AllianceBernstein, an estimated $34.7M sold.
Based on aggregated 13F filings for Q4 2015.