Parsons
PSN
109 hedge funds and large institutions have $3.28B invested in Parsons in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 47 increasing their positions, 23 reducing their positions, and 21 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 23
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
7% more funds holding
Funds holding: 102 → 109 (+7)
0.43% more ownership
Funds ownership: 99.64% → 100.07% (+0.43%)
10% less capital invested
Capital invested by funds: $3.65B → $3.28B (-$370M)
20% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $1.58M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$36.6M |
| 2 |
BlackRock
New York
|
+$24.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$21.2M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$10.7M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$8.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$53.8M |
| 2 |
ECM
Element Capital Management
New York
|
-$14.7M |
| 3 |
TP
Third Point
New York
|
-$11.1M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$9.1M |
| 5 |
Jennison Associates
New York
|
-$8.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Penserra Capital Management
Orinda,
California
| – | -$306K | -8,310 | Closed |
|
|
SPM
127
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$240K | -6,500 | Closed |
|
128
VOYA Investment Management
Atlanta,
Georgia
| – | -$210K | -5,710 | Closed |
|
|
CWA
129
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$56K | -1,522 | Closed |
|
|
TRCT
130
Tower Research Capital (TRC)
New York
| – | -$22K | -597 | Closed |
|
PSN Hedge Fund Activity: Q3 2019 in Review
109 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Parsons (PSN) for Q3 2019, worth a combined $3.28B — down 10% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PSN positions and 21 closed out — a net gain of 7 holders — while 47 added to existing stakes and 23 trimmed.
The largest buyer was State Street, adding an estimated $36.6M. The largest seller was ValueAct Holdings, cutting an estimated $53.8M.
- 109 institutional investors held Parsons (PSN) as of Q3 2019, up from 102 in Q2 2019.
- Funds reported $3.28B of Parsons stock for Q3 2019, down 10% quarter-over-quarter.
- 28 funds opened new Parsons positions in Q3 2019 and 21 closed out, a net change of +7 holders.
- The largest Parsons buyer in Q3 2019 was State Street, an estimated $36.6M added.
- The largest Parsons seller in Q3 2019 was ValueAct Holdings, an estimated $53.8M sold.
Based on aggregated 13F filings for Q3 2019.