Providence & Worcester Railroad Company
PWX
PWX was delisted on the 1st of November, 2016.
26 hedge funds and large institutions have $37.9M invested in Providence & Worcester Railroad Company in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
57% more capital invested
Capital invested by funds: $24.1M → $37.9M (+$13.8M)
13% more funds holding
Funds holding: 23 → 26 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$651K |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$607K |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$442K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$207K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$997K |
| 2 |
NAM
North American Management
Boston,
Massachusetts
|
-$196K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$17K |
| 4 |
PAM
Peak Asset Management
Louisville,
Colorado
|
-$6.51K |
| 5 |
MA
MUFG Americas
New York
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
26
MUFG Americas
New York
| – | -$6K | -365 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | +$130 | +6 | New |
|
PWX Hedge Fund Activity: Q3 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Providence & Worcester Railroad Company (PWX) for Q3 2016, worth a combined $37.9M — up 57% from $24.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PWX positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Kassirer Asset Management, opening a new position worth an estimated $651K. The largest seller was Franklin Resources, cutting an estimated $997K.
- 26 institutional investors held Providence & Worcester Railroad Company (PWX) as of Q3 2016, up from 23 in Q2 2016.
- Funds reported $37.9M of Providence & Worcester Railroad Company stock for Q3 2016, up 57% quarter-over-quarter.
- 6 funds opened new Providence & Worcester Railroad Company positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest Providence & Worcester Railroad Company buyer in Q3 2016 was Kassirer Asset Management, an estimated $651K added.
- The largest Providence & Worcester Railroad Company seller in Q3 2016 was Franklin Resources, an estimated $997K sold.
Based on aggregated 13F filings for Q3 2016.