Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
AIZP was delisted on the 12th of March, 2021.
34 hedge funds and large institutions have $268M invested in Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 33 → 34 (+1)
15% less capital invested
Capital invested by funds: $317M → $268M (-$48.9M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$4.32M |
| 2 |
ACM
Advent Capital Management
New York
|
+$1.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$968K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$528K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.78M |
| 2 |
Morgan Stanley
New York
|
-$3.42M |
| 3 |
JP Morgan Chase
New York
|
-$3.11M |
| 4 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$1.59M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
T. Rowe Price Associates
Baltimore,
Maryland
| $216K | -$84.6K | -800 | -27% |
|
27
SEI Investments
Oaks,
Pennsylvania
| $213K | – | – | – |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $168K | +$19.1K | +181 | +12% |
|
|
MA
29
MUFG Americas
New York
| $128K | +$137K | +1,298 | New |
|
30
UBS Group
Zurich,
Switzerland
| $92K | -$15.9K | -150 | -14% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $32K | +$7.93K | +75 | +30% |
|
|
WHG
32
Westwood Holdings Group
Dallas,
Texas
| $21K | +$22.9K | +217 | New |
|
|
33
JP Morgan Chase
New York
| $20K | -$3.11M | -29,400 | -99% |
|
|
FHB
34
First Hawaiian Bank
Honolulu,
Hawaii
| $6K | – | – | – |
|
|
CS
35
Credit Suisse
Zurich,
Switzerland
| – | -$455K | -4,000 | Closed |
|
|
LFAS
36
Level Four Advisory Services
Dallas,
Texas
| – | -$238K | -2,090 | Closed |
|
AIZP Hedge Fund Activity: Q4 2018 in Review
34 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value (AIZP) for Q4 2018, worth a combined $268M — down 15% from $317M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new AIZP positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $4.32M. The largest seller was BlackRock, cutting an estimated $3.78M.
- 34 institutional investors held Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value (AIZP) as of Q4 2018, up from 33 in Q3 2018.
- Funds reported $268M of Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value stock for Q4 2018, down 15% quarter-over-quarter.
- 4 funds opened new Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value positions in Q4 2018 and 3 closed out, a net change of +1 holder.
- The largest Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value buyer in Q4 2018 was Allianz Asset Management, an estimated $4.32M added.
- The largest Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value seller in Q4 2018 was BlackRock, an estimated $3.78M sold.
Based on aggregated 13F filings for Q4 2018.