Phenixfin (PFX): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
1 concentrated manager holds it with a median weight of 1.0%. 1 officer or director bought in 6 months.
Who owns Phenixfin?
Holders reporting more than 5% of the shares to the SEC (Schedules 13D/13G): Lorber David A, 12.9% (13D/A filed May 14, 2026). Amster Howard is listed on Form 4 filings as an owner of more than 10%. As of Jun 30, 2026, the largest holders reported on Form 13F were Adalta Capital Management (9.1% of the shares), American Financial Group (3.3%) and Morgan Stanley (2.8%).
Which institutions hold the most Phenixfin shares?
Per Form 13F filings as of Jun 30, 2026, as a share of all shares outstanding:
- 1. Adalta Capital Management: 9.1%
- 2. American Financial Group: 3.3%
- 3. Morgan Stanley: 2.8%
- 4. Bulldog Investors, LLP: 1.0%
- 5. Legal & General Group: 0.8%
- 6. Osaic Holdings: 0.0%
- 7. Allworth Financial: 0.0%
- 8. Wells Fargo: 0.0%
- 9. UBS Group: 0.0%
- 10. IFG Advisory: 0.0%
How much of Phenixfin do institutions own?
The 11 institutions that file 13F reported 17.1% of the shares as of Jun 30, 2026.
Sources:13D/A by Lorber David A (May 14, 2026) ↗All of the company's proxy statements on EDGAR ↗
13F percentages divide the shares each institution reports by the shares outstanding on the cover of the company's latest report before the quarter end (May 5, 2026). Entities of the same group file separately and are not added up. We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Quarter flow (concentrated managers)
Change in managers (1 → 1): 0 opened · 0 exited = 0
Net flow in the quarter: $0K (0 shares) · bought $0 and sold $0Shares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
Concentrated managers holding it
- American Financial Group$2.7M1.0%
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Largest holders of PFX (all 13F filers)
- Adalta Capital Management177 KType not verified · 9.14% of the company+1,000
- American Financial Groupconcentrated64 KInsurance holding · 3.33% of the company0
- Morgan Stanley54 KBank or trading desk · 2.82% of the company−496
- Bulldog Investors, LLP19 KInvestment firm · 1.00% of the company0
- Legal & General Group15 KIndex manager · 0.78% of the company0
- Osaic Holdings400Wealth adviser · 0.02% of the company0
- Allworth Financial286Type not verified · 0.01% of the company0
- Wells Fargo250Bank or trading desk · 0.01% of the company−1
- UBS Group130Bank or trading desk · 0.01% of the company−358
- IFG Advisory7Type not verified · 0.00% of the company+7
- Adalta Capital Management
- Shares
- 177 K
- Change
- +1,000
- % of the company
- 9.14%
See more
- Type
- Type not verified
- Value
- $7.5M
- American Financial Groupconcentrated
- Shares
- 64 K
- Change
- 0
- % of the company
- 3.33%
See more
- Type
- Insurance holding
- Value
- $2.7M
- Shares
- 54 K
- Change
- −496
- % of the company
- 2.82%
See more
- Type
- Bank or trading desk
- Value
- $2.3M
- Bulldog Investors, LLP
- Shares
- 19 K
- Change
- 0
- % of the company
- 1.00%
See more
- Type
- Investment firm
- Value
- $818K
- Shares
- 15 K
- Change
- 0
- % of the company
- 0.78%
See more
- Type
- Index manager
- Value
- $655K
- Shares
- 400
- Change
- 0
- % of the company
- 0.02%
See more
- Type
- Wealth adviser
- Value
- $17.0K
- Shares
- 286
- Change
- 0
- % of the company
- 0.01%
See more
- Type
- Type not verified
- Value
- $12.2K
- Shares
- 250
- Change
- −1
- % of the company
- 0.01%
See more
- Type
- Bank or trading desk
- Value
- $10.6K
- Shares
- 130
- Change
- −358
- % of the company
- 0.01%
See more
- Type
- Bank or trading desk
- Value
- $5.5K
- Shares
- 7
- Change
- +7
- % of the company
- 0.00%
See more
- Type
- Type not verified
- Value
- $298
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Held by institutions (13F)
Institutions (13F): 17.1% of the shares · top 10: 17.1% · in index firms: 4.6% of the institutional total
Q2 2026: 17.1%
Shares reported by the 11 13F filers as of Jun 30, 2026, divided by the shares outstanding on the cover of the company's latest report (May 5, 2026). It is not all institutional ownership: only managers above $100M file a 13F, and it excludes short positions. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. We only publish it where the figure is credible: not for ADRs, companies with more than one share class or stale shares-outstanding data.
Fundamentals
12-month figures to Jun 30, 2026 · balance sheet as of Jun 30, 2026.
- Operating margin
- —
- Net margin
- —
- ROE
- 3.0%
- Revenue (TTM)
- —
- Revenue growth
- —
- Net income (TTM)
- $4.7M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- —
- Quality vs sector
- —
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2025: 2.0 M
- 1 year
- −1.2%
- 3 years
- no data
- 5 years
- no data
- Buybacks (FY 2025)
- $801K
- Share issuance
- no data
- Stock-based compensation
- no data
- Dividends paid
- $2.9M
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- -0.64
- Interest coverage (operating income ÷ interest)
- no data
- Debt due within 12 months
- no data
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
All material events (8-K)
Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.