Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
AIZP was delisted on the 12th of March, 2021.
28 hedge funds and large institutions have $317M invested in Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.
13% more capital invested
Capital invested by funds: $281M → $317M (+$36.7M)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.76M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$5.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.28M |
| 4 |
ACM
Advent Capital Management
New York
|
+$3.94M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$7.87M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$5.37M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$3.92M |
| 4 |
TSS
Two Sigma Securities
New York
|
-$2.91M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $74K | -$5.25K | -46 | -7% |
|
|
TFS
27
TrustCore Financial Services
Brentwood,
Tennessee
| $44K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $13K | -$145K | -1,267 | -92% |
|
|
CAM
29
Camden Asset Management
Los Angeles,
California
| – | -$7.87M | -75,000 | Closed |
|
|
ES
30
Equitec Specialists
Chicago,
Illinois
| – | -$1.44M | -13,852 | Closed |
|
AIZP Hedge Fund Activity: Q3 2020 in Review
28 of the 4,957 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 Q3 2020, worth a combined $317M — up 13% from $281M a quarter earlier.
Fund positioning in AIZP was balanced in Q3 2020: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $5.76M. The largest seller was Camden Asset Management, exiting entirely with an estimated $7.87M sold.
- 28 institutional investors held Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value (AIZP) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $317M of Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value stock for Q3 2020, up 13% quarter-over-quarter.
- 3 funds opened new Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value positions in Q3 2020 and 3 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 Q3 2020 was Bank of America, an estimated $5.76M added.
- The largest Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value seller in Q3 2020 was Camden Asset Management, an estimated $7.87M sold.
Based on aggregated 13F filings for Q3 2020.