Pier 1 Imports, Inc.
PIR
PIR was delisted on the 14th of February, 2020.
167 hedge funds and large institutions have $372M invested in Pier 1 Imports, Inc. in 2017 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 55 reducing their positions, and 41 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 55
11% less funds holding
Funds holding: 187 → 167 (-20)
14% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $2.06M
32% less capital invested
Capital invested by funds: $545M → $372M (-$173M)
44% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$4.17M |
| 4 |
Citigroup
New York
|
+$3.63M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$11.7M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.53M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$7.52M |
| 4 |
Morgan Stanley
New York
|
-$7.12M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$6.38M |
PIR Hedge Fund Activity: Q2 2017 in Review
167 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pier 1 Imports, Inc. (PIR) for Q2 2017, worth a combined $372M — down 32% from $545M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PIR and 23 opened new positions — a net loss of 18 holders — while 55 trimmed existing stakes and 65 added.
The largest buyer was Vanguard Group, adding an estimated $5.79M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $11.7M sold.
- 167 institutional investors held Pier 1 Imports, Inc. (PIR) as of Q2 2017, down from 187 in Q1 2017.
- Funds reported $372M of Pier 1 Imports, Inc. stock for Q2 2017, down 32% quarter-over-quarter.
- 23 funds opened new Pier 1 Imports, Inc. positions in Q2 2017 and 41 closed out, a net change of -18 holders.
- The largest Pier 1 Imports, Inc. buyer in Q2 2017 was Vanguard Group, an estimated $5.79M added.
- The largest Pier 1 Imports, Inc. seller in Q2 2017 was Bogle Investment Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2017.