PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
76 hedge funds and large institutions have $178M invested in PHOENIX COMPANIES INC. NEW in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 9 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 80 → 76 (-4)
28% less capital invested
Capital invested by funds: $248M → $178M (-$70.5M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$3.12M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.21M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.06M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$680K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
-$7.76M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.08M |
| 3 |
Two Sigma Investments
New York
|
-$1.13M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$989K |
| 5 |
RC
RBF Capital
San Francisco,
California
|
-$578K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$41K | -598 | Closed |
|
77
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$28.4K | -472 | -96% |
|
|
RC
78
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$2.34K | -34 | Closed |
|
|
NPC
79
National Planning Corporation
El Segundo,
California
| – | -$549 | -8 | Closed |
|
|
BAM
80
Bruderman Asset Management
Locust Valley,
New York
| – | +$301 | +5 | New |
|
PNX Hedge Fund Activity: Q1 2015 in Review
76 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q1 2015, worth a combined $178M — down 28% from $248M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PNX and 6 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 26 added.
The largest buyer was Toscafund Asset Management, adding an estimated $3.12M. The largest seller was Standard General, cutting an estimated $7.76M.
- 76 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q1 2015, down from 80 in Q4 2014.
- Funds reported $178M of PHOENIX COMPANIES INC. NEW stock for Q1 2015, down 28% quarter-over-quarter.
- 6 funds opened new PHOENIX COMPANIES INC. NEW positions in Q1 2015 and 9 closed out, a net change of -3 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q1 2015 was Toscafund Asset Management, an estimated $3.12M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q1 2015 was Standard General, an estimated $7.76M sold.
Based on aggregated 13F filings for Q1 2015.