Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
CCI.PRA was delisted on the 31st of July, 2020.
77 hedge funds and large institutions have $1.89B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more capital invested
Capital invested by funds: $1.68B → $1.89B (+$212M)
5% more funds holding
Funds holding: 73 → 77 (+4)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$51.4M |
| 2 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$26.9M |
| 3 |
SC
Sculptor Capital
New York
|
+$26.9M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$24.2M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$51.5M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$50.4M |
| 3 |
SG Americas Securities
New York
|
-$31.9M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$15.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
76
Raymond James & Associates
St Petersburg,
Florida
| $207K | -$111K | -100 | -36% |
|
|
TFS
77
TrustCore Financial Services
Brentwood,
Tennessee
| $77K | +$72K | +65 | New |
|
|
WHG
78
Westwood Holdings Group
Dallas,
Texas
| $65K | +$60.9K | +55 | New |
|
|
AG
79
Advisor Group
Phoenix,
Arizona
| $44K | -$55.4K | -50 | -57% |
|
|
LTFS
80
Ladenburg Thalmann Financial Services
Miami,
Florida
| $36K | – | – | – |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| $34K | – | – | – |
|
|
N
82
Nuveen
Charlotte,
North Carolina
| $19K | – | – | – |
|
83
US Bancorp
Minneapolis,
Minnesota
| $18K | – | – | – |
|
|
84
SG Americas Securities
New York
| – | -$31.9M | -30,301 | Closed |
|
|
CIC
85
Crawford Investment Counsel
Atlanta,
Georgia
| – | -$3.44M | -3,278 | Closed |
|
86
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$1.01M | -965 | Closed |
|
|
AAM
87
Alken Asset Management
London,
United Kingdom
| – | -$315K | -300 | Closed |
|
88
Citigroup
New York
| – | -$169K | -161 | Closed |
|
CCI.PRA Hedge Fund Activity: Q1 2019 in Review
77 of the 4,620 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 Q1 2019, worth a combined $1.89B — up 13% from $1.68B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CCI.PRA positions and 5 closed out — a net gain of 5 holders — while 25 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $51.4M. The largest seller was Camden Asset Management, cutting an estimated $51.5M.
- 77 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q1 2019, up from 73 in Q4 2018.
- Funds reported $1.89B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q1 2019, up 13% quarter-over-quarter.
- 10 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q1 2019 and 5 closed out, a net change of +5 holders.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q1 2019 was BlackRock, an estimated $51.4M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q1 2019 was Camden Asset Management, an estimated $51.5M sold.
Based on aggregated 13F filings for Q1 2019.