Power Solutions International
PSIX
53 hedge funds and large institutions have $52.3M invested in Power Solutions International in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
2% less funds holding
Funds holding: 54 → 53 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
44% less capital invested
Capital invested by funds: $93.8M → $52.3M (-$41.4M)
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$3M |
| 2 |
GA
Gagnon Advisors
New York
|
+$2.24M |
| 3 |
GS
Gagnon Securities
New York
|
+$1.02M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$574K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$212K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
TCIM
52
TIAA CREF Investment Management
New York
| $178 | – | – | – |
|
|
WRF
53
Waddell & Reed Financial
Overland Park,
Kansas
| – | -$1.61M | -90,100 | Closed |
|
|
NSIM
54
North Star Investment Management
Chicago,
Illinois
| – | -$696K | -39,000 | Closed |
|
|
TG
55
TCW Group
Los Angeles,
California
| – | -$574K | -32,175 | Closed |
|
|
GGHC
56
Gilder Gagnon Howe & Co
New York
| – | -$349K | -19,566 | Closed |
|
57
Charles Schwab
San Francisco,
California
| – | -$239K | -13,359 | Closed |
|
|
AIM
58
Acrospire Investment Management
Chicago,
Illinois
| – | +$129 | +9 | New |
|
PSIX Hedge Fund Activity: Q3 2016 in Review
53 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Power Solutions International (PSIX) for Q3 2016, worth a combined $52.3M — down 44% from $93.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PSIX and 4 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 21 added.
The largest buyer was Royce & Associates, adding an estimated $3M. The largest seller was Granahan Investment Management, cutting an estimated $4.71M.
- 53 institutional investors held Power Solutions International (PSIX) as of Q3 2016, down from 54 in Q2 2016.
- Funds reported $52.3M of Power Solutions International stock for Q3 2016, down 44% quarter-over-quarter.
- 4 funds opened new Power Solutions International positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Power Solutions International buyer in Q3 2016 was Royce & Associates, an estimated $3M added.
- The largest Power Solutions International seller in Q3 2016 was Granahan Investment Management, an estimated $4.71M sold.
Based on aggregated 13F filings for Q3 2016.