PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
79 hedge funds and large institutions have $193M invested in PHOENIX COMPANIES INC. NEW in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 8 closing their positions.
2% less funds holding
Funds holding: 81 → 79 (-2)
7% less capital invested
Capital invested by funds: $208M → $193M (-$15.2M)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$17M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.1M |
| 3 |
TC
Talkot Capital
Sausalito,
California
|
+$993K |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$876K |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$794K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$1.31M |
| 2 |
Renaissance Technologies
New York
|
-$1.25M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$953K |
| 4 |
Goldman Sachs
New York
|
-$559K |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$534K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Renaissance Technologies
New York
| – | -$1.25M | -20,429 | Closed |
|
|
TC
77
TFS Capital
West Chester,
Pennsylvania
| – | -$953K | -15,529 | Closed |
|
|
SMC
78
Smith, Moore & Co
Clayton,
Missouri
| – | -$534K | -8,700 | Closed |
|
79
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$499K | -8,126 | Closed |
|
|
QCMC
80
Quantum Capital Management (California)
San Francisco,
California
| – | -$29K | -475 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2.33K | -46 | -82% |
|
|
HF
82
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$2K | -25 | Closed |
|
|
SF
83
Synovus Financial
Columbus,
Georgia
| – | -$811 | -16 | -94% |
|
|
GGPS
84
Gary Goldberg Planning Services
Suffern,
New York
| – | +$254 | +5 | New |
|
PNX Hedge Fund Activity: Q1 2014 in Review
79 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q1 2014, worth a combined $193M — down 7.3% from $208M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PNX and 6 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 22 added.
The largest buyer was Wellington Management Group, adding an estimated $17M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $1.31M sold.
- 79 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q1 2014, down from 81 in Q4 2013.
- Funds reported $193M of PHOENIX COMPANIES INC. NEW stock for Q1 2014, down 7.3% quarter-over-quarter.
- 6 funds opened new PHOENIX COMPANIES INC. NEW positions in Q1 2014 and 8 closed out, a net change of -2 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q1 2014 was Wellington Management Group, an estimated $17M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q1 2014 was Two Sigma Investments, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2014.