Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
CCI.PRA was delisted on the 31st of July, 2020.
64 hedge funds and large institutions have $1.78B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 8 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
6% more capital invested
Capital invested by funds: $1.68B → $1.78B (+$103M)
2% less funds holding
Funds holding: 65 → 64 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$197M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$89.2M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$36.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.4M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$131M |
| 2 |
Barclays
London,
United Kingdom
|
-$35.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$25.4M |
| 4 |
ACM
Advent Capital Management
New York
|
-$23.5M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$23.4M |
CCI.PRA Hedge Fund Activity: Q4 2017 in Review
64 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) for Q4 2017, worth a combined $1.78B — up 6.2% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CCI.PRA and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 23 added.
The largest buyer was BlackRock, adding an estimated $197M. The largest seller was T. Rowe Price Associates, cutting an estimated $131M.
- 64 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q4 2017, down from 65 in Q3 2017.
- Funds reported $1.78B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q4 2017, up 6.2% quarter-over-quarter.
- 7 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q4 2017 and 8 closed out, a net change of -1 holder.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2017 was BlackRock, an estimated $197M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q4 2017 was T. Rowe Price Associates, an estimated $131M sold.
Based on aggregated 13F filings for Q4 2017.