PC Connection

CNXN • NASDAQ

PC Connection is a technology distributors company in the technology sector on NASDAQ, led by Timothy McGrath, with a market cap of $1.5B. As of Q3 2025, 41% of shares are held by 189 institutional investors, with BlackRock, Inc. as the largest holder at 8.74%.

President and Chief Operating OfficerTimothy McGrath

Market Cap$1.5B

Technology Distributors

Technology

Employees2.7K

Websiteconnection.com

Country

United States of America

Overview

Overview of institutional ownership in CNXN as of Q3 2025 with a market cap of $1.6B

All Institutions

Institutions: 189
Value Held: $643.7M
Shares Held: 10.4M
Avg Position: $3.4M
Median Position: $457.9K

Hedge Funds

Hedge Funds: 26
Value Held: $61.4M
Shares Held: 990.9K
Avg Position: $2.4M
Median Position: $1.3M

Ownership Breakdown

Institutional (non-HF)

36.99%

$582.2M

Hedge Funds

3.9%

$61.4M

Retail & Other

59.1%

$930.2M

Based on market cap of $1.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CNXN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$137.6M 0.00% of portfolio	8.74% 2.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$94.5M 0.02% of portfolio	6.01% 1.5M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$66.3M 0.00% of portfolio	4.21% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$28.0M 0.00% of portfolio	1.78% 451.7K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$23.2M 0.00% of portfolio	1.47% 374.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
B BROWN ADVISORY INC RIA/Wealth	David Alan Miller Founder	$18.7M 0.03% of portfolio	1.19% 302.2K shares	Q4 2019 Held for 5y 11m	$74.0B
A AMERICAN CENTURY COMPANIES INC Institution	-	$15.0M 0.01% of portfolio	0.95% 242.0K shares	Q2 2023 Held for 2y 5m	$195.93B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$14.6M 0.00% of portfolio	0.93% 235.7K shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$13.3M 0.00% of portfolio	0.84% 214.3K shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$12.4M 0.01% of portfolio	0.79% 200.8K shares	Q3 2022 Held for 3y 2m	$121.98B

Net Capital Flow

Institutional buying and selling activity for CNXN in Q3 2025

Traded: −$11.7M
Buyers: 99
Sellers: 80
Total Bought: +$38.2M
Total Sold: −$49.8M
Avg Position: $3.2M

Biggest Buyers

Institution	Net Bought	Current Position
B BROWN ADVISORY INC RIA/Wealth	+$5.0M +81.4K shares	$18.7M 302.2K shares
Q Qube Research & Technologies Ltd Institution	+$4.3M +68.9K shares	$10.3M 165.6K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$1.9M +31.3K shares	$3.4M 54.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.9M +30.0K shares	$10.5M 169.9K shares
MORGAN STANLEY RIA/Wealth	+$1.5M +24.8K shares	$11.6M 186.6K shares
PDT Partners, LLC Hedge Fund•Quant	+$1.4M +22.1K shares	$1.4M 22.1K shares
DENALI ADVISORS LLC Long Only Manager	+$1.3M +20.3K shares	$5.4M 86.9K shares
JPMORGAN CHASE & CO Institution	+$1.1M +17.8K shares	$2.9M 46.0K shares
GOLDMAN SACHS GROUP INC Institution	+$1.1M +17.7K shares	$7.6M 122.7K shares
D D. E. Shaw & Co., Inc. Institution	+$1.0M +16.4K shares	$4.9M 78.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$10.2M −164.4K shares	$12.4M 200.8K shares
Allspring Global Investments Holdings, LLC Long Only Manager	−$3.4M −54.7K shares	$2.0M 32.1K shares
B BlackRock, Inc. Institution	−$3.2M −50.9K shares	$137.6M 2.2M shares
A AMERICAN CENTURY COMPANIES INC Institution	−$2.9M −46.8K shares	$15.0M 242.0K shares
R ROYAL BANK OF CANADA Institution	−$2.8M −45.7K shares	$2.5M 39.8K shares
VANGUARD GROUP INC Institution	−$2.3M −37.8K shares	$66.3M 1.1M shares
BANK OF AMERICA CORP /DE/ Institution	−$2.0M −33.0K shares	$2.8M 45.3K shares
STATE STREET CORP Institution	−$1.7M −27.0K shares	$28.0M 451.7K shares
C Cubist Systematic Strategies, LLC Institution	−$1.6M −26.5K shares	$881.6K 14.2K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$1.4M −23.3K shares	$94.5M 1.5M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CNXN in Q3 2025

New Positions: 14
New Value: $4.1M
Exited Positions: 14
Exited Value: $3.3M

New Positions

Institution	Position Value
PDT Partners, LLC Hedge Fund•Quant	$1.4M 22.1K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$645.0K 10.4K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$459.6K 7.4K shares
Haven Private, LLC RIA/Wealth	$327.6K 5.3K shares
FourThought Financial Partners, LLC RIA/Wealth	$301.6K 4.9K shares
M MQS Management LLC Hedge Fund•Global Macro	$291.3K 4.7K shares
HPM Partners LLC RIA/Wealth	$260.4K 4.2K shares
Mariner Wealth Advisors, LLC RIA/Wealth	$200.3K 3.2K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$158.8K 2.7K shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	$49.6K 800.0 shares

Exited Positions

Institution	Previous Position
T TEXAS PERMANENT SCHOOL FUND Institution	$762.0K 11.6K shares
D DRW Securities, LLC Institution	$320.0K 4.9K shares
M Man Group plc Institution	$307.9K 4.7K shares
P PEAK6 LLC Institution	$274.1K 4.2K shares
BAILARD, INC. RIA/Wealth	$250.0K 3.8K shares
V Virtu Financial LLC Institution	$246.7K 3.8K shares
T TWO SIGMA SECURITIES, LLC Institution	$240.8K 3.7K shares
M Maryland State Retirement & Pension System Institution	$230.8K 3.5K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$211.2K 3.2K shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Private Equity	$201.6K 3.1K shares

Options Activity

Institutions with the largest Call and Put options positions in CNXN as of Q3 2025

Call Positions: 2
Call Value: $657.1K
Put Positions: 1
Put Value: $235.6K

Call Positions

Institution	Position Value
D D. E. Shaw & Co., Inc. Institution	$502.1K 81.0 contracts
P PEAK6 LLC Institution	$155.0K 25.0 contracts

Put Positions

Institution	Position Value
P PEAK6 LLC Institution	$235.6K 38.0 contracts

Most Committed Institutions

Institutions with CNXN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
DENALI ADVISORS LLC Long Only Manager	Robert Guenther Snigaroff CIO	0.61% $5.4M	0.34% 86.9K shares	Q4 2013 Held for 11y 11m	$885.1M
P PharVision Advisers, LLC Hedge Fund•Long/Short	Blagovest Dimitrov Baychev CEO	0.26% $459.6K	0.03% 7.4K shares	Q3 2025 Held for 2 months	$176.9M
JAMES INVESTMENT RESEARCH INC Long Only Manager	Richard Brian Culpepper CEO	0.24% $2.2M	0.14% 35.1K shares	≤ Q2 2013 Held for 12y 5m+	$912.7M
M MQS Management LLC Hedge Fund•Global Macro	Robert Yale Gelfond CEO	0.17% $291.3K	0.02% 4.7K shares	Q3 2025 Held for 2 months	$171.4M
Haven Private, LLC RIA/Wealth	Marc R Angle CEO	0.14% $327.6K	0.02% 5.3K shares	Q3 2025 Held for 2 months	$226.6M
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	0.13% $581.7K	0.04% 9.4K shares	Q4 2013 Held for 11y 11m	$460.6M
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	David Khabie-Zeitoune CEO	0.11% $1.3M	0.08% 20.5K shares	Q2 2025 Held for 5 months	$1.1B
Quest Partners LLC Hedge Fund•Quant Macro	Nigol (Nmn) Koulajian Founder	0.10% $1.6M	0.10% 25.3K shares	Q1 2024 Held for 1y 8m	$1.5B
PDT Partners, LLC Hedge Fund•Quant	Peter (Nmn) Muller CEO	0.09% $1.4M	0.09% 22.1K shares	Q3 2025 Held for 2 months	$1.6B
Aristides Capital LLC Real Assets	Marc Jeffrey Rowan CEO	0.08% $267.1K	0.02% 4.3K shares	Q2 2025 Held for 5 months	$331.2M

Hedge Fund Spotlight

Discover hedge funds investing in CNXN

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerPeter Fitzhugh Brown

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in PC Connection

Market Value: $4.3M
Shares Held: 69.8K
Portfolio Weight: 0.01%
Owned Since: 2021-Q4

Top Holding	Sector	Market Value	Weight
1 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$1.6B	2.06%
2 Nvidia NVDA	Semiconductors Technology	$1.1B	1.39%
3 Roblox RBLX	Electronic Gaming & Multimedia Technology	$953.5M	1.26%