PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
78 hedge funds and large institutions have $129M invested in PHOENIX COMPANIES INC. NEW in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 8 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
4% less funds holding
Funds holding: 81 → 78 (-3)
8% less capital invested
Capital invested by funds: $140M → $129M (-$10.6M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.29M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.91M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$923K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$672K |
| 5 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.22M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$1.78M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$862K |
| 4 |
DI
Dalton Investments
Las Vegas,
Nevada
|
-$860K |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$670K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$594K | -13,818 | Closed |
|
|
AA
77
Ancora Advisors
Cleveland,
Ohio
| – | -$484K | -11,250 | Closed |
|
|
LMF
78
LMR Master Fund
Grand Cayman,
Cayman Islands
| – | -$250K | -5,800 | Closed |
|
|
AI
79
Analytic Investors
Los Angeles,
California
| – | -$234K | -5,435 | Closed |
|
80
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$35K | -803 | Closed |
|
|
HFM
81
Hartford Financial Management
Hartford,
Connecticut
| – | -$1K | -14 | Closed |
|
|
BC
82
Bartlett & Co
Cincinnati,
Ohio
| – | +$206 | +5 | New |
|
PNX Hedge Fund Activity: Q3 2013 in Review
78 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q3 2013, worth a combined $129M — down 7.6% from $140M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PNX and 5 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Wellington Management Group, adding an estimated $3.29M. The largest seller was Goldman Sachs, cutting an estimated $2.22M.
- 78 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q3 2013, down from 81 in Q2 2013.
- Funds reported $129M of PHOENIX COMPANIES INC. NEW stock for Q3 2013, down 7.6% quarter-over-quarter.
- 5 funds opened new PHOENIX COMPANIES INC. NEW positions in Q3 2013 and 8 closed out, a net change of -3 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q3 2013 was Wellington Management Group, an estimated $3.29M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q3 2013 was Goldman Sachs, an estimated $2.22M sold.
Based on aggregated 13F filings for Q3 2013.