PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
81 hedge funds and large institutions have $208M invested in PHOENIX COMPANIES INC. NEW in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 29 reducing their positions, and 8 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
61% more capital invested
Capital invested by funds: $129M → $208M (+$78.7M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
4% more funds holding
Funds holding: 78 → 81 (+3)
38% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$2.18M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.31M |
| 3 |
Two Sigma Investments
New York
|
+$988K |
| 4 |
Renaissance Technologies
New York
|
+$947K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
-$4.17M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$387K |
| 4 |
JP Morgan Chase
New York
|
-$344K |
| 5 |
GWI
Grace & White Inc
Ny,
New York
|
-$321K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFC
76
First Financial Corp
Terre Haute,
Indiana
| $1K | – | – | – |
|
|
DOA
77
D'Orazio & Associates
Falls Church,
Virginia
| $1K | +$1.02K | +22 | New |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $303 | +$11.4K | +246 | +5% |
|
|
APCM
79
Arbiter Partners Capital Management
New York
| – | -$4.17M | -107,904 | Closed |
|
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$387K | -10,000 | Closed |
|
|
81
JP Morgan Chase
New York
| – | -$344K | -8,911 | Closed |
|
|
BIM
82
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$247K | -6,389 | Closed |
|
|
PAM
83
Panagora Asset Management
Boston,
Massachusetts
| – | -$13K | -335 | Closed |
|
|
RNS
84
Robert N. Shapiro
| – | -$7K | -169 | Closed |
|
|
TCOV
85
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$1K | -34 | Closed |
|
|
HFM
86
Hartford Financial Management
Hartford,
Connecticut
| – | +$649 | +14 | New |
|
PNX Hedge Fund Activity: Q4 2013 in Review
81 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q4 2013, worth a combined $208M — up 61% from $129M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PNX positions and 8 closed out — a net gain of 4 holders — while 18 added to existing stakes and 29 trimmed.
The largest buyer was Toscafund Asset Management, adding an estimated $2.18M. The largest seller was Arbiter Partners Capital Management, exiting entirely with an estimated $4.17M sold.
- 81 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q4 2013, up from 78 in Q3 2013.
- Funds reported $208M of PHOENIX COMPANIES INC. NEW stock for Q4 2013, up 61% quarter-over-quarter.
- 12 funds opened new PHOENIX COMPANIES INC. NEW positions in Q4 2013 and 8 closed out, a net change of +4 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q4 2013 was Toscafund Asset Management, an estimated $2.18M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q4 2013 was Arbiter Partners Capital Management, an estimated $4.17M sold.
Based on aggregated 13F filings for Q4 2013.