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.
8 hedge funds and large institutions have $5.06M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 2 closing their positions.
11% less funds holding
Funds holding: 9 → 8 (-1)
30% less capital invested
Capital invested by funds: $7.21M → $5.06M (-$2.15M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC
Park National Corp
Newark,
Ohio
|
+$203K |
| 2 |
SWP
Strategic Wealth Partners
Independence,
Ohio
|
+$53.5K |
| 3 |
SAM
Shikiar Asset Management
New York
|
+$42.9K |
| 4 |
EHC
Everett Harris & Co
Los Angeles,
California
|
+$5.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$1.7M |
| 2 |
FBB
Fulton Breakefield Broenniman
Bethesda,
Maryland
|
-$376K |
C.PRK Hedge Fund Activity: Q3 2019 in Review
8 of the 4,560 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 2019, worth a combined $5.06M — down 30% from $7.21M 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 0 trimmed existing stakes and 3 added.
The largest buyer was Park National Corp, opening a new position worth an estimated $203K. The largest seller was Lucas Capital Management, exiting entirely with an estimated $1.7M sold.
- 8 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 2019, down from 9 in Q2 2019.
- Funds reported $5.06M 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 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 Q3 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 Q3 2019 was Park National Corp, an estimated $203K 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 2019 was Lucas Capital Management, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2019.