Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
CCI.PRA was delisted on the 31st of July, 2020.
66 hedge funds and large institutions have $1.52B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
16% more funds holding
Funds holding: 57 → 66 (+9)
15% less capital invested
Capital invested by funds: $1.8B → $1.52B (-$271M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$52.3M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$48.8M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$15.9M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$15.6M |
| 5 |
MA
MUFG Americas
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$104M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$44.6M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$31.9M |
| 4 |
SFM
Soros Fund Management
New York
|
-$27.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$27.5M |
CCI.PRA Hedge Fund Activity: Q2 2018 in Review
66 of the 4,368 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 Q2 2018, worth a combined $1.52B — down 15% from $1.8B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CCI.PRA positions and 4 closed out — a net gain of 9 holders — while 25 added to existing stakes and 14 trimmed.
The largest buyer was Ameriprise, adding an estimated $52.3M. The largest seller was BlackRock, cutting an estimated $104M.
- 66 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q2 2018, up from 57 in Q1 2018.
- Funds reported $1.52B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q2 2018, down 15% quarter-over-quarter.
- 13 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q2 2018 and 4 closed out, a net change of +9 holders.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2018 was Ameriprise, an estimated $52.3M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q2 2018 was BlackRock, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2018.