PHOENIX COMPANIES INC. NEW
PNX
PNX was delisted on the 20th of June, 2016.
60 hedge funds and large institutions have $63M invested in PHOENIX COMPANIES INC. NEW in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 26 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
21% less funds holding
Funds holding: 76 → 60 (-16)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
62% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 26
65% less capital invested
Capital invested by funds: $178M → $63M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
+$7.69M |
| 2 |
Morgan Stanley
New York
|
+$4.63M |
| 3 |
GCM
Gator Capital Management
Tampa,
Florida
|
+$2.02M |
| 4 |
GWI
Grace & White Inc
Ny,
New York
|
+$1.78M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.45M |
| 2 |
State Street
Boston,
Massachusetts
|
-$4.77M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.65M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.77M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| – | -$8K | -173 | Closed |
|
77
BNP Paribas Financial Markets
Paris,
France
| – | -$7.05K | -141 | Closed |
|
|
EFSCE
78
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$5K | -94 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$4K | -88 | Closed |
|
80
Creative Planning
Overland Park,
Kansas
| – | -$1K | -17 | Closed |
|
|
BCM
81
Brookstone Capital Management
Wheaton,
Illinois
| – | +$52 | +2 | New |
|
PNX Hedge Fund Activity: Q2 2015 in Review
60 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in PHOENIX COMPANIES INC. NEW (PNX) for Q2 2015, worth a combined $63M — down 65% from $178M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PNX and 10 opened new positions — a net loss of 16 holders — while 19 trimmed existing stakes and 18 added.
The largest buyer was Standard General, adding an estimated $7.69M. The largest seller was Wellington Management Group, cutting an estimated $8.45M.
- 60 institutional investors held PHOENIX COMPANIES INC. NEW (PNX) as of Q2 2015, down from 76 in Q1 2015.
- Funds reported $63M of PHOENIX COMPANIES INC. NEW stock for Q2 2015, down 65% quarter-over-quarter.
- 10 funds opened new PHOENIX COMPANIES INC. NEW positions in Q2 2015 and 26 closed out, a net change of -16 holders.
- The largest PHOENIX COMPANIES INC. NEW buyer in Q2 2015 was Standard General, an estimated $7.69M added.
- The largest PHOENIX COMPANIES INC. NEW seller in Q2 2015 was Wellington Management Group, an estimated $8.45M sold.
Based on aggregated 13F filings for Q2 2015.