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 $356M invested in Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 2 closing their positions.
2% more capital invested
Capital invested by funds: $348M → $356M (+$7.79M)
0% more funds holding
Funds holding: 34 → 34 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$9.06M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$8.84M |
| 3 |
MA
MUFG Americas
New York
|
+$4.15M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.67M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$20.2M |
| 2 |
BlackRock
New York
|
-$2.8M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.45M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.43M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
26
Teton Advisors
Rye,
New York
| $326K | – | – | – |
|
27
T. Rowe Price Associates
Baltimore,
Maryland
| $257K | -$25.4K | -200 | -9% |
|
28
Bank of Nova Scotia
Toronto,
Ontario, Canada
| $257K | – | – | – |
|
|
GI
29
GAMCO Investors
Greenwich,
Connecticut
| $257K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $238K | +$2.8K | +22 | +1% |
|
31
Morgan Stanley
New York
| $95K | -$43.1K | -339 | -31% |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $65K | – | – | – |
|
|
TFS
33
TrustCore Financial Services
Brentwood,
Tennessee
| $48K | – | – | – |
|
34
Citigroup
New York
| $13K | +$12.7K | +100 | New |
|
35
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
CS
36
Credit Suisse
Zurich,
Switzerland
| – | -$1.43M | -11,467 | Closed |
|
|
PAG
37
Private Advisor Group
Morristown,
New Jersey
| – | -$1M | -7,914 | Closed |
|
AIZP Hedge Fund Activity: Q4 2019 in Review
34 of the 5,075 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 2019, worth a combined $356M — up 2.2% from $348M a quarter earlier.
Fund positioning in AIZP was balanced in Q4 2019: 2 funds opened new positions, 2 closed out, 9 added to existing stakes and 12 trimmed.
The largest buyer was Two Sigma Securities, adding an estimated $9.06M. The largest seller was Allianz Asset Management, cutting an estimated $20.2M.
- 34 institutional investors held Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value (AIZP) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $356M of Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value stock for Q4 2019, up 2.2% quarter-over-quarter.
- 2 funds opened new Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value positions in Q4 2019 and 2 closed out, a net change of 0 holders.
- The largest Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value buyer in Q4 2019 was Two Sigma Securities, an estimated $9.06M added.
- The largest Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value seller in Q4 2019 was Allianz Asset Management, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2019.