PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
79 hedge funds and large institutions have $212M invested in PHOENIX COMPANIES INC. NEW in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 35 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
14% more capital invested
Capital invested by funds: $185M → $212M (+$26.5M)
3% more funds holding
Funds holding: 77 → 79 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
63% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Bruce & Co
Chicago,
Illinois
|
+$4.32M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$812K |
| 3 |
Two Sigma Investments
New York
|
+$466K |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$332K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.45M |
| 2 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
-$2.22M |
| 3 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$581K |
| 4 |
MC
Menta Capital
San Francisco,
California
|
-$531K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$514K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | -$407K | -8,418 | Closed |
|
|
PPA
77
Parametric Portfolio Associates
Seattle,
Washington
| – | -$245K | -5,065 | Closed |
|
|
VFA
78
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$24K | -487 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7K | -150 | Closed |
|
80
M&T Bank
Buffalo,
New York
| – | -$3K | -53 | Closed |
|
|
BRWA
81
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$242 | -5 | Closed |
|
PNX Hedge Fund Activity: Q3 2014 in Review
79 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q3 2014, worth a combined $212M — up 14% from $185M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PNX positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 35 trimmed.
The largest buyer was Bruce & Co, adding an estimated $4.32M. The largest seller was Wellington Management Group, cutting an estimated $2.45M.
- 79 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q3 2014, up from 77 in Q2 2014.
- Funds reported $212M of PHOENIX COMPANIES INC. NEW stock for Q3 2014, up 14% quarter-over-quarter.
- 8 funds opened new PHOENIX COMPANIES INC. NEW positions in Q3 2014 and 6 closed out, a net change of +2 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q3 2014 was Bruce & Co, an estimated $4.32M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q3 2014 was Wellington Management Group, an estimated $2.45M sold.
Based on aggregated 13F filings for Q3 2014.