PTC
276 hedge funds and large institutions have $3.57B invested in PTC in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 121 increasing their positions, 86 reducing their positions, and 31 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 86
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
12% more call options, than puts
Call options by funds: $846K | Put options by funds: $756K
1% less funds holding
Funds holding: 278 → 276 (-2)
4% less capital invested
Capital invested by funds: $3.72B → $3.57B (-$154M)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$28M |
| 2 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
+$27.1M |
| 3 |
PCM
Palestra Capital Management
New York
|
+$19.9M |
| 4 |
PIMC
Praesidium Investment Management Company
New York
|
+$19M |
| 5 |
PCP
P2 Capital Partners
New York
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$55.3M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$43.3M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
-$38.1M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$13.9M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$12.2M |
PTC Hedge Fund Activity: Q1 2016 in Review
276 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in PTC (PTC) for Q1 2016, worth a combined $3.57B — down 4.1% from $3.72B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PTC and 29 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 121 added.
The largest buyer was Victory Capital Management, adding an estimated $28M. The largest seller was Citadel Advisors, cutting an estimated $55.3M.
- 276 institutional investors held PTC (PTC) as of Q1 2016, down from 278 in Q4 2015.
- Funds reported $3.57B of PTC stock for Q1 2016, down 4.1% quarter-over-quarter.
- 29 funds opened new PTC positions in Q1 2016 and 31 closed out, a net change of -2 holders.
- The largest PTC buyer in Q1 2016 was Victory Capital Management, an estimated $28M added.
- The largest PTC seller in Q1 2016 was Citadel Advisors, an estimated $55.3M sold.
Based on aggregated 13F filings for Q1 2016.