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.
7 hedge funds and large institutions have $4.26M 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 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
11% less capital invested
Capital invested by funds: $4.76M → $4.26M (-$508K)
13% less funds holding
Funds holding: 8 → 7 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$566K |
| 2 |
EWM
Edge Wealth Management
New York
|
+$443K |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
+$23.9K |
| 4 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
+$8.64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$1.57M |
| 2 |
SAM
Shikiar Asset Management
New York
|
-$567K |
| 3 |
SG
Somerset Group
Wayzata,
Minnesota
|
-$208K |
C.PRK Hedge Fund Activity: Q1 2020 in Review
7 of the 4,547 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 2020, worth a combined $4.26M — down 11% from $4.76M 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 1 trimmed existing stakes and 3 added.
The largest buyer was Lucas Capital Management, opening a new position worth an estimated $566K. The largest seller was Everett Harris & Co, exiting entirely with an estimated $1.57M sold.
- 7 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 2020, down from 8 in Q4 2019.
- Funds reported $4.26M 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 2020, down 11% 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 Q1 2020 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 Q1 2020 was Lucas Capital Management, an estimated $566K 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 2020 was Everett Harris & Co, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2020.