AES Corporation Class C Preferred
AES.PRC.CL
AES.PRC.CL was delisted on the 22nd of June, 2017.
56 hedge funds and large institutions have $93.4M invested in AES Corporation Class C Preferred in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
6% more funds holding
Funds holding: 53 → 56 (+3)
11% less capital invested
Capital invested by funds: $105M → $93.4M (-$11.9M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$7.35M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$5.65M |
| 3 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
+$988K |
| 4 |
WSC
Wellington Shields & Co
New York
|
+$881K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$9.54M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.45M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.56M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$867K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$671K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PH
51
Pinnacle Holdings
Tulsa,
Oklahoma
| $28.6K | – | – | – |
|
52
M&T Bank
Buffalo,
New York
| $17K | – | – | – |
|
53
Morgan Stanley
New York
| $16K | +$16K | +315 | New |
|
|
BWFA
54
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| $10K | – | – | – |
|
|
SNT
55
Security National Trust
Wheeling,
West Virginia
| $10K | – | – | – |
|
|
LFG
56
LifePlan Financial Group
Dayton,
Ohio
| $10K | +$10.1K | +200 | New |
|
|
NES
57
New England Securities
New York
| $10K | +$10.1K | +200 | New |
|
|
PAS
58
Partnervest Advisory Services
Santa Barbara,
California
| $5K | – | – | – |
|
|
59
State Street
Boston,
Massachusetts
| – | -$9.54M | -189,878 | Closed |
|
|
60
Fidelity Investments
Boston,
Massachusetts
| – | -$4.45M | -88,693 | Closed |
|
|
61
Lord, Abbett & Co
Jersey City,
New Jersey
| – | -$867K | -17,275 | Closed |
|
|
62
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$671K | -13,373 | Closed |
|
|
CSC
63
Cove Street Capital
El Segundo,
California
| – | -$321K | -6,400 | Closed |
|
64
Citigroup
New York
| – | -$65K | -1,295 | Closed |
|
65
US Bancorp
Minneapolis,
Minnesota
| – | -$28K | -550 | Closed |
|
AES.PRC.CL Hedge Fund Activity: Q1 2014 in Review
56 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in AES Corporation Class C Preferred (AES.PRC.CL) for Q1 2014, worth a combined $93.4M — down 11% from $105M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AES.PRC.CL positions and 7 closed out — a net gain of 3 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $7.35M. The largest seller was State Street, exiting entirely with an estimated $9.54M sold.
- 56 institutional investors held AES Corporation Class C Preferred (AES.PRC.CL) as of Q1 2014, up from 53 in Q4 2013.
- Funds reported $93.4M of AES Corporation Class C Preferred stock for Q1 2014, down 11% quarter-over-quarter.
- 10 funds opened new AES Corporation Class C Preferred positions in Q1 2014 and 7 closed out, a net change of +3 holders.
- The largest AES Corporation Class C Preferred buyer in Q1 2014 was Davis Selected Advisers, an estimated $7.35M added.
- The largest AES Corporation Class C Preferred seller in Q1 2014 was State Street, an estimated $9.54M sold.
Based on aggregated 13F filings for Q1 2014.