Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K
C.PRK
C.PRK was delisted on the 14th of November, 2023.
6 hedge funds and large institutions have $2.75M invested in Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
24% more capital invested
Capital invested by funds: $2.21M → $2.75M (+$537K)
20% more funds holding
Funds holding: 5 → 6 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$635K |
| 2 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$437K |
| 3 |
EHC
Everett Harris & Co
Los Angeles,
California
|
+$118K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$88.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$732K |
| 2 |
WAM
Weatherly Asset Management
Del Mar,
California
|
-$69.4K |
C.PRK Hedge Fund Activity: Q1 2014 in Review
6 of the 3,463 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 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K (C.PRK) for Q1 2014, worth a combined $2.75M — up 24% from $2.21M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new C.PRK positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Deroy & Devereaux Private Investment Counsel, opening a new position worth an estimated $635K. The largest seller was Advisors Capital Management, exiting entirely with an estimated $732K sold.
- 6 institutional investors held Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K (C.PRK) as of Q1 2014, up from 5 in Q4 2013.
- Funds reported $2.75M of Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K stock for Q1 2014, up 24% quarter-over-quarter.
- 2 funds opened new Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K positions in Q1 2014 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 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K buyer in Q1 2014 was Deroy & Devereaux Private Investment Counsel, an estimated $635K added.
- The largest Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K seller in Q1 2014 was Advisors Capital Management, an estimated $732K sold.
Based on aggregated 13F filings for Q1 2014.