AES Corporation Class C Preferred
AES.PRC.CL
AES.PRC.CL was delisted on the 22nd of June, 2017.
47 hedge funds and large institutions have $119M invested in AES Corporation Class C Preferred in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 7 closing their positions.
4% less funds holding
Funds holding: 49 → 47 (-2)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
10% less capital invested
Capital invested by funds: $133M → $119M (-$13.6M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.88M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$675K |
| 3 |
VanEck Associates
New York
|
+$516K |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$225K |
| 5 |
Morgan Stanley
New York
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$10.6M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$7.55M |
| 3 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$833K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$527K |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFS
51
Essex Financial Services
Essex,
Connecticut
| – | -$833K | -16,000 | Closed |
|
|
RJFSA
52
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$527K | -10,128 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$44K | -864 | Closed |
|
|
WP
54
WealthPLAN Partners
Omaha,
Nebraska
| – | -$10.4K | -400 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -116 | Closed |
|
|
AF
56
Allworth Financial
Folsom,
California
| – | +$308 | +6 | New |
|
AES.PRC.CL Hedge Fund Activity: Q3 2016 in Review
47 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in AES Corporation Class C Preferred (AES.PRC.CL) for Q3 2016, worth a combined $119M — down 10% from $133M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AES.PRC.CL and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Manulife (Manufacturers Life Insurance), opening a new position worth an estimated $4.88M. The largest seller was State Street, exiting entirely with an estimated $10.6M sold.
- 47 institutional investors held AES Corporation Class C Preferred (AES.PRC.CL) as of Q3 2016, down from 49 in Q2 2016.
- Funds reported $119M of AES Corporation Class C Preferred stock for Q3 2016, down 10% quarter-over-quarter.
- 5 funds opened new AES Corporation Class C Preferred positions in Q3 2016 and 7 closed out, a net change of -2 holders.
- The largest AES Corporation Class C Preferred buyer in Q3 2016 was Manulife (Manufacturers Life Insurance), an estimated $4.88M added.
- The largest AES Corporation Class C Preferred seller in Q3 2016 was State Street, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2016.