PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
64 hedge funds and large institutions have $115M invested in PHOENIX COMPANIES INC. NEW in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 8 reducing their positions, and 8 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 8
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
7% more funds holding
Funds holding: 60 → 64 (+4)
2% less capital invested
Capital invested by funds: $118M → $115M (-$2.82M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$6.75M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$2.82M |
| 3 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$1.1M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.03M |
| 5 |
Millennium Management
New York
|
+$998K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
-$11M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.24M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.77M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.19M |
| 5 |
Renaissance Technologies
New York
|
-$384K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$1.83K | +50 | +200% |
|
52
Geode Capital Management
Boston,
Massachusetts
| $1.11K | +$73.1K | +1,996 | +7% |
|
|
CHP
53
Cable Hill Partners
Portland,
Oregon
| $1K | – | – | – |
|
54
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
RAM
55
Riggs Asset Management
Dallas,
Pennsylvania
| $1K | – | – | – |
|
|
SG
56
Standard General
New York
| – | -$11M | -298,267 | Closed |
|
|
57
Wellington Management Group
Boston,
Massachusetts
| – | -$5.24M | -141,404 | Closed |
|
|
KCM
58
Kennedy Capital Management
St Louis,
Missouri
| – | -$1.77M | -47,772 | Closed |
|
|
PCM
59
Prelude Capital Management
New York
| – | -$259K | -7,000 | Closed |
|
60
State Street
Boston,
Massachusetts
| – | -$212K | -5,698 | Closed |
|
61
Barclays
London,
United Kingdom
| – | -$44K | -1,200 | Closed |
|
|
BAM
62
Bruderman Asset Management
Locust Valley,
New York
| – | +$183 | +5 | New |
|
|
CFG
63
Citizens Financial Group
Providence,
Rhode Island
| – | +$439 | +12 | New |
|
|
IIM
64
Ipswich Investment Management
Beverly,
Massachusetts
| – | +$439 | +12 | New |
|
PNX Hedge Fund Activity: Q1 2016 in Review
64 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q1 2016, worth a combined $115M — down 2.4% from $118M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PNX positions and 8 closed out — a net gain of 5 holders — while 23 added to existing stakes and 8 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $6.75M. The largest seller was Standard General, exiting entirely with an estimated $11M sold.
- 64 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q1 2016, up from 60 in Q4 2015.
- Funds reported $115M of PHOENIX COMPANIES INC. NEW stock for Q1 2016, down 2.4% quarter-over-quarter.
- 13 funds opened new PHOENIX COMPANIES INC. NEW positions in Q1 2016 and 8 closed out, a net change of +5 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q1 2016 was Allianz Asset Management, an estimated $6.75M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q1 2016 was Standard General, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2016.