PEERLESS SYSTEMS CORP
PRLS
PRLS was delisted on the 12th of February, 2015.
7 hedge funds and large institutions have $240K invested in PEERLESS SYSTEMS CORP in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
17% more funds holding
Funds holding: 6 → 7 (+1)
53% less capital invested
Capital invested by funds: $512K → $240K (-$272K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$5.95K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$282K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.07K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$262 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DIS
1
Diversified Investment Strategies
Baton Rouge,
Louisiana
| $175K | – | – | – |
|
2
Geode Capital Management
Boston,
Massachusetts
| $58K | – | – | – |
|
|
U
3
UBS
Zurich,
Switzerland
| $6K | +$5.95K | +1,632 | New |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $1K | -$262 | -72 | -24% |
|
5
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1 | – | – | – |
|
|
CC
6
Cannell Capital
Alta,
Wyoming
| – | -$282K | -79,328 | Closed |
|
|
7
Bank of America
Charlotte,
North Carolina
| – | -$1.07K | -294 | -98% |
|
|
8
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$25 | +7 | New |
|
PRLS Hedge Fund Activity: Q4 2013 in Review
7 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PEERLESS SYSTEMS CORP (PRLS) for Q4 2013, worth a combined $240K — down 53% from $512K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PRLS positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was UBS, opening a new position worth an estimated $5.95K. The largest seller was Cannell Capital, exiting entirely with an estimated $282K sold.
- 7 institutional investors held PEERLESS SYSTEMS CORP (PRLS) as of Q4 2013, up from 6 in Q3 2013.
- Funds reported $240K of PEERLESS SYSTEMS CORP stock for Q4 2013, down 53% quarter-over-quarter.
- 2 funds opened new PEERLESS SYSTEMS CORP positions in Q4 2013 and 1 closed out, a net change of +1 holder.
- The largest PEERLESS SYSTEMS CORP buyer in Q4 2013 was UBS, an estimated $5.95K added.
- The largest PEERLESS SYSTEMS CORP seller in Q4 2013 was Cannell Capital, an estimated $282K sold.
Based on aggregated 13F filings for Q4 2013.