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 $6.33M 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 Q3 according to their latest regulatory filings, with funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
7% less capital invested
Capital invested by funds: $6.81M → $6.33M (-$483K)
33% less funds holding
Funds holding: 9 → 6 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$29.7K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
-$569K |
| 2 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$16.1K |
| 3 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$13K |
| 4 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DDPIC
1
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
| $2.12M | – | – | – |
|
|
EHC
2
Everett Harris & Co
Los Angeles,
California
| $1.8M | -$16.1K | -550 | -0.9% |
|
|
PPA
3
Parametric Portfolio Associates
Seattle,
Washington
| $1.09M | +$29.7K | +1,015 | +3% |
|
|
TAM
4
Tocqueville Asset Management
New York
| $720K | – | – | – |
|
|
SOAMC
5
Spirit of America Management Corp
Syosset,
New York
| $346K | – | – | – |
|
|
6
Ameriprise
Minneapolis,
Minnesota
| $253K | +$10.3K | +353 | +4% |
|
|
IR
7
IAT Reinsurance
New York
| – | -$569K | -20,000 | Closed |
|
|
WRM
8
Westport Resources Management
Westport,
Connecticut
| – | -$13K | -450 | Closed |
|
|
MWP
9
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$4K | -132 | Closed |
|
C.PRK Hedge Fund Activity: Q3 2016 in Review
6 of the 3,748 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 Q3 2016, worth a combined $6.33M — down 7.1% from $6.81M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of C.PRK and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $29.7K. The largest seller was IAT Reinsurance, exiting entirely with an estimated $569K 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 Q3 2016, down from 9 in Q2 2016.
- Funds reported $6.33M 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 Q3 2016, down 7.1% quarter-over-quarter.
- 0 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 Q3 2016 and 3 closed out, a net change of -3 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 Q3 2016 was Parametric Portfolio Associates, an estimated $29.7K 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 Q3 2016 was IAT Reinsurance, an estimated $569K sold.
Based on aggregated 13F filings for Q3 2016.