GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2
ALLY.PRA
ALLY.PRA was delisted on the 14th of October, 2021.
6 hedge funds and large institutions have $23M invested in GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
8% more capital invested
Capital invested by funds: $21.4M → $23M (+$1.61M)
0% more funds holding
Funds holding: 6 → 6 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shikiar Asset Management
New York
|
+$1.21M |
| 2 |
SAM
Sunnymeath Asset Management
Red Bank,
New Jersey
|
+$124K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$69.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSC
Prentiss Smith & Co
Brattleboro,
Vermont
|
-$34K |
| 2 |
SLF
Sun Life Financial
Toronto,
Ontario, Canada
|
-$1.23K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
1
Thornburg Investment Management
Santa Fe,
New Mexico
| $19.9M | – | – | – |
|
|
SAM
2
Shikiar Asset Management
New York
| $2.3M | +$1.21M | +49,000 | +112% |
|
|
IR
3
IAT Reinsurance
New York
| $496K | – | – | – |
|
|
SAM
4
Sunnymeath Asset Management
Red Bank,
New Jersey
| $125K | +$124K | +5,000 | New |
|
|
ECM
5
Estabrook Capital Management
New York
| $92.5K | – | – | – |
|
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $69K | +$69.3K | +2,800 | New |
|
|
SLF
7
Sun Life Financial
Toronto,
Ontario, Canada
| – | -$1.23K | -50,000 | Closed |
|
|
PSC
8
Prentiss Smith & Co
Brattleboro,
Vermont
| – | -$34K | -1,386 | Closed |
|
ALLY.PRA Hedge Fund Activity: Q2 2016 in Review
6 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (ALLY.PRA) for Q2 2016, worth a combined $23M — up 7.6% from $21.4M a quarter earlier.
Fund positioning in ALLY.PRA was balanced in Q2 2016: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was Shikiar Asset Management, adding an estimated $1.21M. The largest seller was Prentiss Smith & Co, exiting entirely with an estimated $34K sold.
- 6 institutional investors held GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (ALLY.PRA) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $23M of GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 stock for Q2 2016, up 7.6% quarter-over-quarter.
- 2 funds opened new GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 positions in Q2 2016 and 2 closed out, a net change of 0 holders.
- The largest GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 buyer in Q2 2016 was Shikiar Asset Management, an estimated $1.21M added.
- The largest GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 seller in Q2 2016 was Prentiss Smith & Co, an estimated $34K sold.
Based on aggregated 13F filings for Q2 2016.