Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
CCI.PRA was delisted on the 31st of July, 2020.
57 hedge funds and large institutions have $1.8B invested in Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 31 increasing their positions, 11 reducing their positions, and 9 closing their positions.
182% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1% more capital invested
Capital invested by funds: $1.78B → $1.8B (+$14.7M)
11% less funds holding
Funds holding: 64 → 57 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$16.8M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$15.9M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$15.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$13.2M |
| 5 |
GXMC
Global X Management Company
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$51.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.3M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$14.8M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$6.87M |
| 5 |
Morgan Stanley
New York
|
-$6.02M |
CCI.PRA Hedge Fund Activity: Q1 2018 in Review
57 of the 4,363 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 2018, worth a combined $1.8B — up 0.82% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CCI.PRA and 2 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 31 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $16.8M. The largest seller was Camden Asset Management, cutting an estimated $51.9M.
- 57 institutional investors held Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A (CCI.PRA) as of Q1 2018, down from 64 in Q4 2017.
- Funds reported $1.8B of Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A stock for Q1 2018, up 0.82% quarter-over-quarter.
- 2 funds opened new Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A positions in Q1 2018 and 9 closed out, a net change of -7 holders.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A buyer in Q1 2018 was Manulife (Manufacturers Life Insurance), an estimated $16.8M added.
- The largest Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A seller in Q1 2018 was Camden Asset Management, an estimated $51.9M sold.
Based on aggregated 13F filings for Q1 2018.