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.
6 hedge funds and large institutions have $1.74M 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 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
0% less capital invested
Capital invested by funds: $1.74M → $1.74M (-$4K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
+$267K |
| 2 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
+$22.3K |
| 3 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
+$22.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Somerset Group
Wayzata,
Minnesota
|
-$204K |
| 2 |
SAM
Shikiar Asset Management
New York
|
-$38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
1
Shikiar Asset Management
New York
| $1.42M | -$38K | -1,425 | -3% |
|
|
IR
2
IAT Reinsurance
New York
| $265K | +$267K | +10,000 | New |
|
|
BCWM
3
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $22K | +$22.3K | +835 | New |
|
|
BC
4
Bartlett & Co
Cincinnati,
Ohio
| $22K | +$22.3K | +835 | New |
|
|
OA
5
Operose Advisors
Milwaukee,
Wisconsin
| $9K | – | – | – |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
|
SG
7
Somerset Group
Wayzata,
Minnesota
| – | -$204K | -7,375 | Closed |
|
C.PRK Hedge Fund Activity: Q1 2022 in Review
6 of the 6,340 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 2022, worth a combined $1.74M — down 0.23% from $1.74M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new C.PRK positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was IAT Reinsurance, opening a new position worth an estimated $267K. The largest seller was Somerset Group, exiting entirely with an estimated $204K sold.
- 6 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 2022, up from 4 in Q4 2021.
- Funds reported $1.74M 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 2022, down 0.23% quarter-over-quarter.
- 3 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 Q1 2022 and 1 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 Q1 2022 was IAT Reinsurance, an estimated $267K 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 2022 was Somerset Group, an estimated $204K sold.
Based on aggregated 13F filings for Q1 2022.