AES Corporation Class C Preferred
AES.PRC.CL
AES.PRC.CL was delisted on the 22nd of June, 2017.
45 hedge funds and large institutions have $134M invested in AES Corporation Class C Preferred in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 6 closing their positions.
12% more capital invested
Capital invested by funds: $119M → $134M (+$14.7M)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
4% less funds holding
Funds holding: 47 → 45 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$13.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.77M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$371K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$204K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.4M |
| 2 |
VanEck Associates
New York
|
-$428K |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
-$356K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$306K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$224K |
AES.PRC.CL Hedge Fund Activity: Q4 2016 in Review
45 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in AES Corporation Class C Preferred (AES.PRC.CL) for Q4 2016, worth a combined $134M — up 12% from $119M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of AES.PRC.CL and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 10 added.
The largest buyer was State Street, opening a new position worth an estimated $13.9M. The largest seller was Federated Hermes, cutting an estimated $5.4M.
- 45 institutional investors held AES Corporation Class C Preferred (AES.PRC.CL) as of Q4 2016, down from 47 in Q3 2016.
- Funds reported $134M of AES Corporation Class C Preferred stock for Q4 2016, up 12% quarter-over-quarter.
- 5 funds opened new AES Corporation Class C Preferred positions in Q4 2016 and 6 closed out, a net change of -1 holder.
- The largest AES Corporation Class C Preferred buyer in Q4 2016 was State Street, an estimated $13.9M added.
- The largest AES Corporation Class C Preferred seller in Q4 2016 was Federated Hermes, an estimated $5.4M sold.
Based on aggregated 13F filings for Q4 2016.