Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
CCI.PRA was delisted on the 31st of July, 2020.
72 hedge funds and large institutions have $2.03B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
4% more funds holding
Funds holding: 69 → 72 (+3)
1% more capital invested
Capital invested by funds: $2.02B → $2.03B (+$13.1M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$42.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$17M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$15.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.8M |
| 5 |
BlackRock
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$24.4M |
| 2 |
SC
Sculptor Capital
New York
|
-$24.1M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$18.2M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$13.9M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$11.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| $10K | – | – | – |
|
|
ECM
77
EII Capital Management
New York
| $320 | – | – | – |
|
|
78
SG Americas Securities
New York
| – | -$24.4M | -19,300 | Closed |
|
|
CL
79
CSS LLC
Chicago,
Illinois
| – | -$9.63M | -7,605 | Closed |
|
80
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$8.42M | -6,672 | Closed |
|
CCI.PRA Hedge Fund Activity: Q4 2019 in Review
72 of the 5,075 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 2019, worth a combined $2.03B — up 0.65% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CCI.PRA positions and 3 closed out — a net gain of 3 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $42.3M. The largest seller was SG Americas Securities, exiting entirely with an estimated $24.4M sold.
- 72 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q4 2019, up from 69 in Q3 2019.
- Funds reported $2.03B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q4 2019, up 0.65% quarter-over-quarter.
- 6 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q4 2019 and 3 closed out, a net change of +3 holders.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2019 was Allianz Asset Management, an estimated $42.3M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q4 2019 was SG Americas Securities, an estimated $24.4M sold.
Based on aggregated 13F filings for Q4 2019.