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 $2.02B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
8% more capital invested
Capital invested by funds: $1.87B → $2.02B (+$145M)
1% more funds holding
Funds holding: 68 → 69 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$67.9M |
| 2 |
BlackRock
New York
|
+$64.9M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$27.8M |
| 4 |
SG Americas Securities
New York
|
+$24.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$109M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$55.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$22.3M |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$17.2M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$16.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| – | -$7.33M | -6,100 | Closed |
|
|
MSU
77
Mizuho Securities USA
New York
| – | -$4.47M | -3,738 | Closed |
|
78
TD Asset Management
Toronto,
Ontario, Canada
| – | -$3.37M | -2,800 | Closed |
|
79
Millennium Management
New York
| – | -$1.22M | -1,013 | Closed |
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$500K | -416 | Closed |
|
|
CIC
81
Chase Investment Counsel
Charlottesville,
Virginia
| – | -$308K | -258 | Closed |
|
|
RJA
82
Raymond James & Associates
St Petersburg,
Florida
| – | -$210K | -175 | Closed |
|
CCI.PRA Hedge Fund Activity: Q3 2019 in Review
69 of the 4,560 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 2019, worth a combined $2.02B — up 7.8% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CCI.PRA positions and 8 closed out — a net gain of 2 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $67.9M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $109M.
- 69 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q3 2019, up from 68 in Q2 2019.
- Funds reported $2.02B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q3 2019, up 7.8% quarter-over-quarter.
- 10 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q3 2019 and 8 closed out, a net change of +2 holders.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2019 was Capital Research Global Investors, an estimated $67.9M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $109M sold.
Based on aggregated 13F filings for Q3 2019.