PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
80 hedge funds and large institutions have $248M invested in PHOENIX COMPANIES INC. NEW in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $212M → $248M (+$36.3M)
1% more funds holding
Funds holding: 79 → 80 (+1)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$2.01M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.3M |
| 4 |
Morgan Stanley
New York
|
+$1.17M |
| 5 |
BC
Bruce & Co
Chicago,
Illinois
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Harbinger Holdings
New York
|
-$12.9M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.48M |
| 3 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$2.44M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$661K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$342K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
76
Menta Capital
San Francisco,
California
| – | -$342K | -6,105 | Closed |
|
77
Goldman Sachs
New York
| – | -$215K | -3,841 | Closed |
|
78
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -132 | Closed |
|
|
WA
79
WFG Advisors
Dallas,
Texas
| – | -$1K | -20 | Closed |
|
|
NFG
80
Next Financial Group
Houston,
Texas
| – | -$1K | -13 | Closed |
|
|
FFC
81
First Financial Corp
Terre Haute,
Indiana
| – | -$1K | -10 | Closed |
|
|
BRWA
82
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | +$304 | +5 | New |
|
|
CHP
83
Cable Hill Partners
Portland,
Oregon
| – | +$304 | +5 | New |
|
PNX Hedge Fund Activity: Q4 2014 in Review
80 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q4 2014, worth a combined $248M — up 17% from $212M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PNX positions and 7 closed out — a net gain of 3 holders — while 23 added to existing stakes and 25 trimmed.
The largest buyer was Toscafund Asset Management, adding an estimated $2.01M. The largest seller was Harbinger Holdings, exiting entirely with an estimated $12.9M sold.
- 80 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q4 2014, up from 79 in Q3 2014.
- Funds reported $248M of PHOENIX COMPANIES INC. NEW stock for Q4 2014, up 17% quarter-over-quarter.
- 10 funds opened new PHOENIX COMPANIES INC. NEW positions in Q4 2014 and 7 closed out, a net change of +3 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q4 2014 was Toscafund Asset Management, an estimated $2.01M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q4 2014 was Harbinger Holdings, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2014.