CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J
C.PRJ
C.PRJ was delisted on the 28th of March, 2024.
5 hedge funds and large institutions have $11M invested in CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
41% more capital invested
Capital invested by funds: $7.75M → $11M (+$3.2M)
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$2.89M |
| 2 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$212K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$102K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$47.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$230K |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$211K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCC
1
Mid Continent Capital
Chicago,
Illinois
| $6.77M | +$2.89M | +106,180 | +77% |
|
|
KIA
2
KCM Investment Advisors
Greenbrae,
California
| $3.74M | +$212K | +7,800 | +6% |
|
|
PPA
3
Parametric Portfolio Associates
Seattle,
Washington
| $224K | -$3.59K | -132 | -2% |
|
|
LTI
4
Laffer Tengler Investments
Nashville,
Tennessee
| $119K | +$47.8K | +1,755 | +69% |
|
|
5
Ameriprise
Minneapolis,
Minnesota
| $103K | +$102K | +3,732 | New |
|
|
6
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$230K | -8,700 | Closed |
|
|
HCM
7
Hollencrest Capital Management
Newport Beach,
California
| – | -$211K | -8,000 | Closed |
|
C.PRJ Hedge Fund Activity: Q2 2014 in Review
5 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J (C.PRJ) for Q2 2014, worth a combined $11M — up 41% from $7.75M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of C.PRJ and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Mid Continent Capital, adding an estimated $2.89M. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $230K sold.
- 5 institutional investors held CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J (C.PRJ) as of Q2 2014, down from 6 in Q1 2014.
- Funds reported $11M of CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J stock for Q2 2014, up 41% quarter-over-quarter.
- 1 fund opened new CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J positions in Q2 2014 and 2 closed out, a net change of -1 holder.
- The largest CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J buyer in Q2 2014 was Mid Continent Capital, an estimated $2.89M added.
- The largest CITIGROUP INC. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J seller in Q2 2014 was Janney Montgomery Scott, an estimated $230K sold.
Based on aggregated 13F filings for Q2 2014.