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Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities

4 hedge funds and large institutions have $6.24M invested in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities in 2023 Q2 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,004% more capital inflows, than outflows

Capital inflows: $450K | Capital outflows: $21.4K

0.02% more ownership

Funds ownership: 0.23% → 0.24% (+0.02%)

20% less funds holding

Funds holding: 5 → 4 (-1)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
4
Holders Change
-1
Holders Change %
-20%
% of All Funds
0.06%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
1
Reduced
–
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCM
Beddow Capital Management
Wyoming
+$450K

Top Sellers

Rank Fund Capital Flow
1
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$21.4K

C.PRN Hedge Fund Activity: Q2 2023 in Review

4 of the 6,389 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 2023, worth a combined $6.24M — up 7% from $5.83M a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of C.PRN and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.

The largest buyer was Beddow Capital Management, adding an estimated $450K. The largest seller was PNC Financial Services Group, exiting entirely with an estimated $21.4K sold.

  • 4 institutional investors held Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) as of Q2 2023, down from 5 in Q1 2023.
  • Funds reported $6.24M of Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities stock for Q2 2023, up 7% quarter-over-quarter.
  • 0 funds opened new Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities positions in Q2 2023 and 1 closed out, a net change of -1 holder.
  • The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities buyer in Q2 2023 was Beddow Capital Management, an estimated $450K added.
  • The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities seller in Q2 2023 was PNC Financial Services Group, an estimated $21.4K sold.

Based on aggregated 13F filings for Q2 2023.