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.
6 hedge funds and large institutions have $9.83M 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 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
20% more funds holding
Funds holding: 5 → 6 (+1)
3% more capital invested
Capital invested by funds: $9.55M → $9.83M (+$285K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
+$421K |
| 2 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$154K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$49.7K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$28.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$52K |
| 2 |
EWM
Edge Wealth Management
New York
|
-$33K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIA
1
KCM Investment Advisors
Greenbrae,
California
| $8.15M | +$154K | +5,483 | +2% |
|
|
2
Ameriprise
Minneapolis,
Minnesota
| $593K | +$49.7K | +1,772 | +9% |
|
|
IR
3
IAT Reinsurance
New York
| $420K | +$421K | +15,000 | New |
|
|
PPA
4
Parametric Portfolio Associates
Seattle,
Washington
| $317K | -$52K | -1,853 | -14% |
|
|
LTI
5
Laffer Tengler Investments
Nashville,
Tennessee
| $307K | +$28.5K | +1,017 | +10% |
|
|
IP
6
Intellectus Partners
San Francisco,
California
| $40K | +$39.7K | +1,415 | New |
|
|
EWM
7
Edge Wealth Management
New York
| – | -$33K | -1,150 | Closed |
|
C.PRJ Hedge Fund Activity: Q4 2016 in Review
6 of the 4,000 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 Q4 2016, worth a combined $9.83M — up 3% from $9.55M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new C.PRJ positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 1 trimmed.
The largest buyer was IAT Reinsurance, opening a new position worth an estimated $421K. The largest seller was Parametric Portfolio Associates, cutting an estimated $52K.
- 6 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 Q4 2016, up from 5 in Q3 2016.
- Funds reported $9.83M 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 Q4 2016, up 3% quarter-over-quarter.
- 2 funds 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 Q4 2016 and 1 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 Q4 2016 was IAT Reinsurance, an estimated $421K 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 Q4 2016 was Parametric Portfolio Associates, an estimated $52K sold.
Based on aggregated 13F filings for Q4 2016.