PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
58 hedge funds and large institutions have $120M invested in PHOENIX COMPANIES INC. NEW in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
90% more capital invested
Capital invested by funds: $63M → $120M (+$56.9M)
3% less funds holding
Funds holding: 60 → 58 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.49M |
| 2 |
GWI
Grace & White Inc
Ny,
New York
|
+$1.18M |
| 3 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$1.12M |
| 4 |
AMH
Apollo Management Holdings
New York
|
+$837K |
| 5 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
+$773K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$908K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$904K |
| 3 |
Renaissance Technologies
New York
|
-$743K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$605K |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$501K |
PNX Hedge Fund Activity: Q3 2015 in Review
58 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q3 2015, worth a combined $120M — up 90% from $63M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PNX and 13 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 9 added.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $1.49M. The largest seller was Northern Trust, cutting an estimated $908K.
- 58 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q3 2015, down from 60 in Q2 2015.
- Funds reported $120M of PHOENIX COMPANIES INC. NEW stock for Q3 2015, up 90% quarter-over-quarter.
- 13 funds opened new PHOENIX COMPANIES INC. NEW positions in Q3 2015 and 15 closed out, a net change of -2 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q3 2015 was AQR Arbitrage, an estimated $1.49M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q3 2015 was Northern Trust, an estimated $908K sold.
Based on aggregated 13F filings for Q3 2015.