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.
4 hedge funds and large institutions have $224M 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 2015 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
1,286% more capital invested
Capital invested by funds: $16.2M → $224M (+$208M)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
33% less funds holding
Funds holding: 6 → 4 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$1.18M |
| 2 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$720K |
| 3 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$7.56K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$669K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$333K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$230K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTI
1
Laffer Tengler Investments
Nashville,
Tennessee
| $208M | -$204K | -7,426 | Closed |
|
|
MCC
2
Mid Continent Capital
Chicago,
Illinois
| $9.94M | +$1.18M | +43,050 | +13% |
|
|
KIA
3
KCM Investment Advisors
Greenbrae,
California
| $5.91M | +$720K | +26,220 | +14% |
|
|
4
Ameriprise
Minneapolis,
Minnesota
| $527K | -$669K | -24,343 | -55% |
|
|
MWP
5
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $7K | +$7.56K | +275 | New |
|
|
PPA
6
Parametric Portfolio Associates
Seattle,
Washington
| – | -$333K | -12,157 | Closed |
|
|
7
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$230K | -8,700 | Closed |
|
C.PRJ Hedge Fund Activity: Q3 2015 in Review
4 of the 3,582 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 Q3 2015, worth a combined $224M — up 1,286% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of C.PRJ and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Mid Continent Capital, adding an estimated $1.18M. The largest seller was Ameriprise, cutting an estimated $669K.
- 4 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 Q3 2015, down from 6 in Q2 2015.
- Funds reported $224M 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 Q3 2015, up 1,286% 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 Q3 2015 and 3 closed out, a net change of -2 holders.
- 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 Q3 2015 was Mid Continent Capital, an estimated $1.18M 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 Q3 2015 was Ameriprise, an estimated $669K sold.
Based on aggregated 13F filings for Q3 2015.