At 9/30/2012 was a major holder of both PKT and ALLT. In the 4th qtr, they decreased their ALLT shares from 1,981,269 to 752,488. During the same period, they increased their PKT shares from 1,092,011 to 1,296,593. They are a 6.7% owner of PKT.
It's pretty obvious who this manager thinks is the better investment. They must feel PKT is much better going forward.
This is particularly reassuring on top of the BlackRock news. So we now have the largest institutional holder of PKT shares as of the last reporting, Columbus, having increased their ownership but falling into second place in total ownership due to BlackRock's tripling of their ownership. I am looking forward to a good sleep tonight after switching my sentiment back to strong buy!