Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities
C.PRN
10 hedge funds and large institutions have $98.8M invested in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 0 closing their positions.
51% more capital inflows, than outflows
Capital inflows: $6.63M | Capital outflows: $4.4M
25% more funds holding
Funds holding: 8 → 10 (+2)
0.09% more ownership
Funds ownership: 3.88% → 3.97% (+0.09%)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tocqueville Asset Management
New York
|
+$3.68M |
| 2 |
Mid Continent Capital
Chicago,
Illinois
|
+$1.95M |
| 3 |
Sterling Capital Management
Charlotte,
North Carolina
|
+$712K |
| 4 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$209K |
| 5 |
KCM Investment Advisors
Greenbrae,
California
|
+$82.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.37M |
| 2 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$12K |
| 3 |
RIG
Roosevelt Investment Group
New York
|
-$11.7K |
C.PRN Hedge Fund Activity: Q2 2014 in Review
10 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) for Q2 2014, worth a combined $98.8M — up 2.2% from $96.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new C.PRN positions and 0 closed out — a net gain of 2 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $3.68M. The largest seller was Ameriprise, cutting an estimated $4.37M.
- 10 institutional investors held Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) as of Q2 2014, up from 8 in Q1 2014.
- Funds reported $98.8M of Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities stock for Q2 2014, up 2.2% quarter-over-quarter.
- 2 funds opened new Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities positions in Q2 2014 and 0 closed out, a net change of +2 holders.
- The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities buyer in Q2 2014 was Tocqueville Asset Management, an estimated $3.68M added.
- The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities seller in Q2 2014 was Ameriprise, an estimated $4.37M sold.
Based on aggregated 13F filings for Q2 2014.