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 $24.6M invested in GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% less funds holding
Funds holding: 7 → 6 (-1)
27% less capital invested
Capital invested by funds: $33.9M → $24.6M (-$9.28M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shikiar Asset Management
New York
|
+$367K |
| 2 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$128K |
| 3 |
ECM
Estabrook Capital Management
New York
|
+$1.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.17M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$3.63M |
| 3 |
BRC
Bell Rock Capital
Rehoboth Beach,
Delaware
|
-$42.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
1
Thornburg Investment Management
Santa Fe,
New Mexico
| $16.7M | -$3.63M | -141,462 | -18% |
|
|
SAM
2
Shikiar Asset Management
New York
| $3.13M | +$367K | +14,300 | +13% |
|
|
ECM
3
Estabrook Capital Management
New York
| $2.58M | +$1.28K | +50 | +0% |
|
|
BRC
4
Bell Rock Capital
Rehoboth Beach,
Delaware
| $1.61M | -$42.4K | -1,652 | -3% |
|
|
SCM
5
Snow Capital Management
Sewickley,
Pennsylvania
| $422K | +$128K | +4,995 | +43% |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $95K | – | – | – |
|
|
7
Ameriprise
Minneapolis,
Minnesota
| – | -$6.17M | -243,000 | Closed |
|
ALLY.PRA Hedge Fund Activity: Q1 2017 in Review
6 of the 4,018 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 Q1 2017, worth a combined $24.6M — down 27% from $33.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of ALLY.PRA and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Shikiar Asset Management, adding an estimated $367K. The largest seller was Ameriprise, exiting entirely with an estimated $6.17M sold.
- 6 institutional investors held GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (ALLY.PRA) as of Q1 2017, down from 7 in Q4 2016.
- Funds reported $24.6M of GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 stock for Q1 2017, down 27% quarter-over-quarter.
- 0 funds opened new GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 positions in Q1 2017 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 Q1 2017 was Shikiar Asset Management, an estimated $367K added.
- The largest GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 seller in Q1 2017 was Ameriprise, an estimated $6.17M sold.
Based on aggregated 13F filings for Q1 2017.