Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities
C.PRN
11 hedge funds and large institutions have $27.4M invested in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
2.46% less ownership
Funds ownership: 3.63% → 1.17% (-2.5%)
8% less funds holding
Funds holding: 12 → 11 (-1)
98% less capital inflows, than outflows
Capital inflows: $755K | Capital outflows: $48.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sterling Capital Management
Charlotte,
North Carolina
|
+$567K |
| 2 |
Tocqueville Asset Management
New York
|
+$106K |
| 3 |
Colony Group
Boston,
Massachusetts
|
+$82.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$48.8M |
| 2 |
KCM Investment Advisors
Greenbrae,
California
|
-$27.1K |
| 3 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$1K |
C.PRN Hedge Fund Activity: Q4 2015 in Review
11 of the 3,824 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 Q4 2015, worth a combined $27.4M — down 67% from $83.7M a quarter earlier.
Fund positioning in C.PRN was balanced in Q4 2015: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 2 trimmed.
The largest buyer was Sterling Capital Management, adding an estimated $567K. The largest seller was Ameriprise, cutting an estimated $48.8M.
- 11 institutional investors held Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) as of Q4 2015, down from 12 in Q3 2015.
- Funds reported $27.4M of Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities stock for Q4 2015, down 67% quarter-over-quarter.
- 1 fund opened new Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities positions in Q4 2015 and 1 closed out, a net change of 0 holders.
- The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities buyer in Q4 2015 was Sterling Capital Management, an estimated $567K added.
- The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities seller in Q4 2015 was Ameriprise, an estimated $48.8M sold.
Based on aggregated 13F filings for Q4 2015.