Pier 1 Imports, Inc.
PIR
PIR was delisted on the 14th of February, 2020.
141 hedge funds and large institutions have $210M invested in Pier 1 Imports, Inc. in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 62 reducing their positions, and 31 closing their positions.
13% less funds holding
Funds holding: 163 → 141 (-22)
24% less capital invested
Capital invested by funds: $274M → $210M (-$64.9M)
35% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 62
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
62% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $3.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$13.1M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$5.31M |
| 3 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$3.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.74M |
| 5 |
ARTA
A.R.T. Advisors
New York
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.72M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$4.34M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.81M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.39M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.23M |
PIR Hedge Fund Activity: Q1 2018 in Review
141 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Pier 1 Imports, Inc. (PIR) for Q1 2018, worth a combined $210M — down 24% from $274M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PIR and 14 opened new positions — a net loss of 17 holders — while 62 trimmed existing stakes and 40 added.
The largest buyer was Towle & Co, adding an estimated $13.1M. The largest seller was JP Morgan Chase, cutting an estimated $5.72M.
- 141 institutional investors held Pier 1 Imports, Inc. (PIR) as of Q1 2018, down from 163 in Q4 2017.
- Funds reported $210M of Pier 1 Imports, Inc. stock for Q1 2018, down 24% quarter-over-quarter.
- 14 funds opened new Pier 1 Imports, Inc. positions in Q1 2018 and 31 closed out, a net change of -17 holders.
- The largest Pier 1 Imports, Inc. buyer in Q1 2018 was Towle & Co, an estimated $13.1M added.
- The largest Pier 1 Imports, Inc. seller in Q1 2018 was JP Morgan Chase, an estimated $5.72M sold.
Based on aggregated 13F filings for Q1 2018.