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 $7.3M 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 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
8% more capital invested
Capital invested by funds: $6.75M → $7.3M (+$546K)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shikiar Asset Management
New York
|
+$1.11M |
| 2 |
SAM
Solaris Asset Management
New York
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$348K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$116K |
| 3 |
EWM
Edge Wealth Management
New York
|
-$94.6K |
| 4 |
IP
Intellectus Partners
San Francisco,
California
|
-$80K |
| 5 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$25.1K |
C.PRK Hedge Fund Activity: Q4 2017 in Review
9 of the 4,409 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 Q4 2017, worth a combined $7.3M — up 8.1% from $6.75M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of C.PRK and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Shikiar Asset Management, opening a new position worth an estimated $1.11M. The largest seller was Spirit of America Management Corp, exiting entirely with an estimated $348K 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 Q4 2017, down from 10 in Q3 2017.
- Funds reported $7.3M 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 Q4 2017, up 8.1% 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 Q4 2017 and 3 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 Q4 2017 was Shikiar Asset Management, an estimated $1.11M 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 Q4 2017 was Spirit of America Management Corp, an estimated $348K sold.
Based on aggregated 13F filings for Q4 2017.