PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
60 hedge funds and large institutions have $118M invested in PHOENIX COMPANIES INC. NEW in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 14 closing their positions.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
3% more funds holding
Funds holding: 58 → 60 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less capital invested
Capital invested by funds: $120M → $118M (-$2.38M)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.92M |
| 2 |
SMC
S. Muoio & Co
New York
|
+$4.05M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.45M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.24M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$9.7M |
| 2 |
BC
Bruce & Co
Chicago,
Illinois
|
-$8.39M |
| 3 |
SG
Standard General
New York
|
-$2.86M |
| 4 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
-$2.56M |
| 5 |
GCM
Gator Capital Management
Tampa,
Florida
|
-$2.33M |
PNX Hedge Fund Activity: Q4 2015 in Review
60 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q4 2015, worth a combined $118M — down 2% from $120M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PNX positions and 14 closed out — a net gain of 3 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.92M. The largest seller was State Farm Mutual Automobile Insurance, exiting entirely with an estimated $9.7M sold.
- 60 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q4 2015, up from 58 in Q3 2015.
- Funds reported $118M of PHOENIX COMPANIES INC. NEW stock for Q4 2015, down 2% quarter-over-quarter.
- 17 funds opened new PHOENIX COMPANIES INC. NEW positions in Q4 2015 and 14 closed out, a net change of +3 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q4 2015 was Morgan Stanley, an estimated $4.92M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q4 2015 was State Farm Mutual Automobile Insurance, an estimated $9.7M sold.
Based on aggregated 13F filings for Q4 2015.