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 $1.19M 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 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, reducing their positions, and closing their positions.
60% more funds holding
Funds holding: 5 → 8 (+3)
57% more capital invested
Capital invested by funds: $757K → $1.19M (+$433K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$402K |
| 2 |
RMC
Resources Management Corp
West Hartford,
Connecticut
|
+$9.42K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.12K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
1
Shikiar Asset Management
New York
| $703K | – | – | – |
|
|
CSC
2
Cove Street Capital
El Segundo,
California
| $404K | +$402K | +16,000 | New |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $22.5K | +$4.12K | +164 | +23% |
|
|
BCWM
4
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $21.2K | – | – | – |
|
|
BC
5
Bartlett & Co
Cincinnati,
Ohio
| $21K | – | – | – |
|
|
OA
6
Operose Advisors
Milwaukee,
Wisconsin
| $9.12K | – | – | – |
|
|
RMC
7
Resources Management Corp
West Hartford,
Connecticut
| $9K | +$9.42K | +375 | New |
|
8
Comerica Bank
Dallas,
Texas
| – | +$1.5M | +59,736 | New |
|
C.PRK Hedge Fund Activity: Q2 2023 in Review
8 of the 6,369 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 2023, worth a combined $1.19M — up 57% from $757K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new C.PRK positions and 0 closed out — a net gain of 3 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Cove Street Capital, opening a new position worth an estimated $402K.
- 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 Q2 2023, up from 5 in Q1 2023.
- Funds reported $1.19M 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 2023, up 57% 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 Q2 2023 and 0 closed out, a net change of +3 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 2023 was Cove Street Capital, an estimated $402K added.
Based on aggregated 13F filings for Q2 2023.