Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
CCI.PRA was delisted on the 31st of July, 2020.
69 hedge funds and large institutions have $1.73B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
14% more capital invested
Capital invested by funds: $1.52B → $1.73B (+$206M)
5% more funds holding
Funds holding: 66 → 69 (+3)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$36.2M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$34.6M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$21.1M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.6M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$63M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$21M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$13.7M |
| 4 |
Bank of New York Mellon
New York
|
-$13.1M |
| 5 |
SC
Sculptor Capital
New York
|
-$10.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$2.21M | -2,013 | Closed |
|
|
CII
77
Capital International Inc
Los Angeles,
California
| – | -$200K | -200 | Closed |
|
|
TFS
78
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$53K | -50 | Closed |
|
CCI.PRA Hedge Fund Activity: Q3 2018 in Review
69 of the 4,374 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 Q3 2018, worth a combined $1.73B — up 14% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CCI.PRA positions and 6 closed out — a net gain of 4 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $36.2M. The largest seller was Camden Asset Management, cutting an estimated $63M.
- 69 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q3 2018, up from 66 in Q2 2018.
- Funds reported $1.73B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q3 2018, up 14% quarter-over-quarter.
- 10 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q3 2018 and 6 closed out, a net change of +4 holders.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2018 was Lord, Abbett & Co, an estimated $36.2M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q3 2018 was Camden Asset Management, an estimated $63M sold.
Based on aggregated 13F filings for Q3 2018.