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 $7.21M 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 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
10% less funds holding
Funds holding: 10 → 9 (-1)
30% less capital invested
Capital invested by funds: $10.2M → $7.21M (-$3.02M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
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
|
+$244K |
| 2 |
SG
Somerset Group
Wayzata,
Minnesota
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$2.24M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.17M |
| 3 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$127K |
| 4 |
FBB
Fulton Breakefield Broenniman
Bethesda,
Maryland
|
-$7.13K |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$6.89K |
C.PRK Hedge Fund Activity: Q2 2019 in Review
9 of the 4,604 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 Q2 2019, worth a combined $7.21M — down 30% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of C.PRK and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Shikiar Asset Management, adding an estimated $244K. The largest seller was Deroy & Devereaux Private Investment Counsel, exiting entirely with an estimated $2.24M 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 Q2 2019, down from 10 in Q1 2019.
- Funds reported $7.21M 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 Q2 2019, down 30% quarter-over-quarter.
- 1 fund 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 Q2 2019 and 2 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 Q2 2019 was Shikiar Asset Management, an estimated $244K 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 Q2 2019 was Deroy & Devereaux Private Investment Counsel, an estimated $2.24M sold.
Based on aggregated 13F filings for Q2 2019.