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.
5 hedge funds and large institutions have $3.93M 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 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
8% less capital invested
Capital invested by funds: $4.26M → $3.93M (-$327K)
29% less funds holding
Funds holding: 7 → 5 (-2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
+$1.01M |
| 2 |
SAM
Shikiar Asset Management
New York
|
+$63.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC
Park National Corp
Newark,
Ohio
|
-$209K |
| 2 |
SWP
Strategic Wealth Partners
Independence,
Ohio
|
-$83.9K |
| 3 |
EWM
Edge Wealth Management
New York
|
-$58.6K |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$28K |
| 5 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
-$8.4K |
C.PRK Hedge Fund Activity: Q2 2020 in Review
5 of the 4,877 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 2020, worth a combined $3.93M — down 7.7% from $4.26M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of C.PRK and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Lucas Capital Management, adding an estimated $1.01M. The largest seller was Park National Corp, exiting entirely with an estimated $209K sold.
- 5 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 2020, down from 7 in Q1 2020.
- Funds reported $3.93M 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 2020, down 7.7% 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 Q2 2020 and 2 closed out, a net change of -2 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 Q2 2020 was Lucas Capital Management, an estimated $1.01M 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 2020 was Park National Corp, an estimated $209K sold.
Based on aggregated 13F filings for Q2 2020.