AES Corporation Class C Preferred
AES.PRC.CL
AES.PRC.CL was delisted on the 22nd of June, 2017.
49 hedge funds and large institutions have $133M invested in AES Corporation Class C Preferred in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $127M → $133M (+$5.25M)
4% less funds holding
Funds holding: 51 → 49 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$987K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$391K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$237K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$236K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$543K |
| 2 |
LPL Financial
San Diego,
California
|
-$333K |
| 3 |
WG
Welch Group
Birmingham,
Alabama
|
-$223K |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$137K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$76.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
51
MSI Financial Services
Springfield,
Massachusetts
| $5K | – | – | – |
|
|
52
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$543K | -10,743 | Closed |
|
|
WG
53
Welch Group
Birmingham,
Alabama
| – | -$223K | -4,408 | Closed |
|
|
TFA
54
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$137K | -2,708 | Closed |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$51K | -1,000 | Closed |
|
|
AIG
56
American International Group
New York
| – | -$40K | -800 | Closed |
|
AES.PRC.CL Hedge Fund Activity: Q2 2016 in Review
49 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in AES Corporation Class C Preferred (AES.PRC.CL) for Q2 2016, worth a combined $133M — up 4.1% from $127M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of AES.PRC.CL and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was VanEck Associates, adding an estimated $987K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $543K sold.
- 49 institutional investors held AES Corporation Class C Preferred (AES.PRC.CL) as of Q2 2016, down from 51 in Q1 2016.
- Funds reported $133M of AES Corporation Class C Preferred stock for Q2 2016, up 4.1% quarter-over-quarter.
- 4 funds opened new AES Corporation Class C Preferred positions in Q2 2016 and 6 closed out, a net change of -2 holders.
- The largest AES Corporation Class C Preferred buyer in Q2 2016 was VanEck Associates, an estimated $987K added.
- The largest AES Corporation Class C Preferred seller in Q2 2016 was Janney Montgomery Scott, an estimated $543K sold.
Based on aggregated 13F filings for Q2 2016.