AES Corporation Class C Preferred
AES.PRC.CL
AES.PRC.CL was delisted on the 22nd of June, 2017.
54 hedge funds and large institutions have $102M invested in AES Corporation Class C Preferred in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 6 closing their positions.
28% more capital invested
Capital invested by funds: $79.4M → $102M (+$22.2M)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
5% less funds holding
Funds holding: 57 → 54 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$1.48M |
| 2 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
+$901K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$684K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$681K |
| 5 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$8.23M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$571K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$209K |
| 4 |
VanEck Associates
New York
|
-$208K |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$191K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWFA
51
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| $10K | – | – | – |
|
|
SNT
52
Security National Trust
Wheeling,
West Virginia
| $10K | – | – | – |
|
|
AC
53
Alexandria Capital
Arlington,
Virginia
| $8K | – | – | – |
|
|
TG
54
TCW Group
Los Angeles,
California
| $8K | – | – | – |
|
|
PAS
55
Partnervest Advisory Services
Santa Barbara,
California
| $5K | – | – | – |
|
|
EFS
56
Essex Financial Services
Essex,
Connecticut
| $806 | – | – | – |
|
57
Citigroup
New York
| – | -$58K | -1,150 | Closed |
|
|
WT
58
Whittier Trust
South Pasadena,
California
| – | -$35K | -685 | Closed |
|
|
WF
59
WealthTrust Fairport
Cleveland,
Ohio
| – | -$20K | -400 | Closed |
|
|
PMFA
60
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$5K | -100 | Closed |
|
61
Citadel Advisors
Miami,
Florida
| – | -$2K | -41 | Closed |
|
AES.PRC.CL Hedge Fund Activity: Q3 2013 in Review
54 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in AES Corporation Class C Preferred (AES.PRC.CL) for Q3 2013, worth a combined $102M — up 28% from $79.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of AES.PRC.CL and 3 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was State Street, adding an estimated $1.48M. The largest seller was Davis Selected Advisers, exiting entirely with an estimated $8.23M sold.
- 54 institutional investors held AES Corporation Class C Preferred (AES.PRC.CL) as of Q3 2013, down from 57 in Q2 2013.
- Funds reported $102M of AES Corporation Class C Preferred stock for Q3 2013, up 28% quarter-over-quarter.
- 3 funds opened new AES Corporation Class C Preferred positions in Q3 2013 and 6 closed out, a net change of -3 holders.
- The largest AES Corporation Class C Preferred buyer in Q3 2013 was State Street, an estimated $1.48M added.
- The largest AES Corporation Class C Preferred seller in Q3 2013 was Davis Selected Advisers, an estimated $8.23M sold.
Based on aggregated 13F filings for Q3 2013.