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.
9 hedge funds and large institutions have $171M 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 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
2,184% more capital invested
Capital invested by funds: $7.5M → $171M (+$164M)
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$215K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$44.9K |
| 3 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$1.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPC
Falcon Point Capital
San Francisco,
California
|
-$557K |
| 2 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
-$21K |
| 3 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$5.39K |
| 4 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$1.35K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAC
1
Smith Affiliated Capital
New York
| $164M | – | – | – |
|
|
DDPIC
2
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
| $2.01M | -$5.39K | -200 | -0.3% |
|
|
EHC
3
Everett Harris & Co
Los Angeles,
California
| $1.8M | -$1.35K | -50 | -0.1% |
|
|
TAM
4
Tocqueville Asset Management
New York
| $1.09M | – | – | – |
|
|
PPA
5
Parametric Portfolio Associates
Seattle,
Washington
| $1.04M | +$44.9K | +1,664 | +5% |
|
|
IR
6
IAT Reinsurance
New York
| $547K | – | – | – |
|
|
SOAMC
7
Spirit of America Management Corp
Syosset,
New York
| $328K | – | – | – |
|
|
8
Ameriprise
Minneapolis,
Minnesota
| $221K | +$215K | +7,968 | New |
|
|
WRM
9
Westport Resources Management
Westport,
Connecticut
| $12K | – | – | – |
|
|
MWP
10
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $2K | +$1.94K | +72 | New |
|
|
FPC
11
Falcon Point Capital
San Francisco,
California
| – | -$557K | -20,000 | Closed |
|
|
RFA
12
Reilly Financial Advisors
La Mesa,
California
| – | -$21K | -750 | Closed |
|
C.PRK Hedge Fund Activity: Q1 2016 in Review
9 of the 3,753 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 2016, worth a combined $171M — up 2,184% from $7.5M a quarter earlier.
Fund positioning in C.PRK was balanced in Q1 2016: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $215K. The largest seller was Falcon Point Capital, exiting entirely with an estimated $557K sold.
- 9 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 2016, unchanged from Q4 2015.
- Funds reported $171M 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 2016, up 2,184% 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 2016 and 2 closed out, a net change of 0 holders.
- 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 2016 was Ameriprise, an estimated $215K 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 2016 was Falcon Point Capital, an estimated $557K sold.
Based on aggregated 13F filings for Q1 2016.