Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PFX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Adalta Capital Management LLC | 176K | $6.9M | 0.0% | 8.786% | 3.28% |
| 2 | GRACE & WHITE INC /NY | 262K | $4.7M | 0.0% | 13.133% | 0.83% |
| 3 | AMERICAN FINANCIAL GROUP INC | 64K | $2.5M | 0.0% | 3.219% | 0.93% |
| 4 | MORGAN STANLEY | 55K | $2.1M | -0.8% | 2.750% | 0.00% |
| 5 | 22NW, LP | 43K | $1.7M | -63.4% | 2.158% | 1.15% |
| 6 | RAYMOND JAMES FINANCIAL INC | 24K | $935K | +7.0% | 1.198% | 0.00% |
| 7 | EVERETT HARRIS & CO /CA/ | 45K | $803K | 0.0% | 2.252% | 0.01% |
| 8 | Bulldog Investors, LLP | 19K | $751K | 0.0% | 0.962% | 0.17% |
| 9 | Legal & General Group Plc | 15K | $602K | +15.6% | 0.758% | 0.00% |
| 10 | UBS Group AG | 488 | $19K | +275.4% | 0.024% | 0.00% |
| 11 | ADVISOR GROUP HOLDINGS, INC. | 400 | $16K | 0.0% | 0.020% | 0.00% |
| 12 | Allworth Financial LP | 286 | $11K | 0.0% | 0.014% | 0.00% |
| 13 | WELLS FARGO & COMPANY/MN | 251 | $10K | +0.4% | 0.013% | 0.00% |
| 14 | Legacy Wealth Managment, LLC/ID | 200 | $8K | 0.0% | 0.010% | 0.00% |
| 15 | NVWM, LLC | 400 | $7K | 0.0% | 0.020% | 0.00% |
| 16 | Archer Investment Corp | 126 | $5K | 0.0% | 0.006% | 0.00% |
| 17 | Sound Income Strategies, LLC | 78 | $3K | 0.0% | 0.004% | 0.00% |
| 18 | MAI Capital Management | 11 | $430 | 0.0% | 0.001% | 0.00% |
| 19 | US BANCORP \DE\ | 3 | $117 | 0.0% | 0.000% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PFX — a direct measure of their conviction.
Filings activity in PFX during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 19 | 9.5% | 24.60% | 6.26 pp | $21M | 20% |
| Q4 2025 | 21 | +17% | 30.86% | 2.42 pp | $26M | 7.3% |
| Q3 2025 | 18 | 5.3% | 33.28% | 0.96 pp | $29M | 2.8% |
| Q2 2025 | 19 | +0.0% | 34.24% | 0.91 pp | $29M | 2.6% |
| Q1 2025 | 19 | 9.5% | 35.15% | +1.75 pp | $30M | +5.2% |
| Q4 2024 | 21 | +5.0% | 33.40% | +7.09 pp | $29M | +27% |
| Q3 2024 | 20 | +11% | 26.31% | +0.58 pp | $23M | +2.3% |
| Q2 2024 | 18 | — | 25.73% | — | $22M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Latest Form 4 transactions by company officers and directors. Insider buys are widely viewed as the highest-conviction signal because executives are risking personal capital.
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| May 12, 2026 | Lorber David A | Buy | 42K | $39.95 | $1.7M |
Quick answers to the most common questions about buying PFX stock.
Based on Q1 2026 13F filings, institutional ownership of PhenixFIN Corporation stands at 24.6%, held across 19 reporting institutions.
Adalta Capital Management LLC is the largest reported institutional holder of PFX, with approximately 175,569 shares worth $0.01B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of PFX.
Our composite Smart Money Score for PFX is 8 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
0 institutions opened new positions in PFX during Q1 2026, while 2 fully exited. 2 added to existing positions and 17 trimmed.
PFX institutional ownership fell by 6.26 percentage points quarter-over-quarter, with a net change of -2 holders.
The top 10 institutions account for 99.7% of all reported 13F value in PFX, and the top 25 account for 100.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
PhenixFIN Corporation (PFX) Institutional Ownership