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.
7 hedge funds and large institutions have $33.9M invested in GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
40% more capital invested
Capital invested by funds: $24.2M → $33.9M (+$9.64M)
17% more funds holding
Funds holding: 6 → 7 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.15M |
| 2 |
ECM
Estabrook Capital Management
New York
|
+$1.95M |
| 3 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$53.7K |
| 4 |
SAM
Shikiar Asset Management
New York
|
+$11.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC
Park National Corp
Newark,
Ohio
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
1
Thornburg Investment Management
Santa Fe,
New Mexico
| $20.3M | – | – | – |
|
|
2
Ameriprise
Minneapolis,
Minnesota
| $6.17M | +$6.15M | +243,000 | New |
|
|
SAM
3
Shikiar Asset Management
New York
| $2.77M | +$11.4K | +450 | +0.4% |
|
|
ECM
4
Estabrook Capital Management
New York
| $2.57M | +$1.95M | +77,100 | +318% |
|
|
BRC
5
Bell Rock Capital
Rehoboth Beach,
Delaware
| $1.65M | +$1.65M | +65,076 | New |
|
|
SCM
6
Snow Capital Management
Sewickley,
Pennsylvania
| $295K | +$53.7K | +2,120 | +22% |
|
7
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $95K | – | – | – |
|
|
PNC
8
Park National Corp
Newark,
Ohio
| – | -$201K | -7,880 | Closed |
|
ALLY.PRA Hedge Fund Activity: Q4 2016 in Review
7 of the 4,001 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 Q4 2016, worth a combined $33.9M — up 40% from $24.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new ALLY.PRA positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $6.15M. The largest seller was Park National Corp, exiting entirely with an estimated $201K sold.
- 7 institutional investors held GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (ALLY.PRA) as of Q4 2016, up from 6 in Q3 2016.
- Funds reported $33.9M of GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 stock for Q4 2016, up 40% quarter-over-quarter.
- 2 funds opened new GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 positions in Q4 2016 and 1 closed out, a net change of +1 holder.
- The largest GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 buyer in Q4 2016 was Ameriprise, an estimated $6.15M added.
- The largest GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 seller in Q4 2016 was Park National Corp, an estimated $201K sold.
Based on aggregated 13F filings for Q4 2016.