Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D
CFG.PRD
CFG.PRD was delisted on the 5th of July, 2024.
1 hedge funds and large institutions have $19.1K invested in Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D in 2023 Q2 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
50% less funds holding
Funds holding: 2 → 1 (-1)
51% less capital invested
Capital invested by funds: $39.4K → $19.1K (-$20.2K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSWM
Cassady Schiller Wealth Management
Cincinnati,
Ohio
|
-$23.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $19.1K | +$3.58K | +162 | +24% |
|
|
CSWM
2
Cassady Schiller Wealth Management
Cincinnati,
Ohio
| – | -$23.5K | -1,000 | Closed |
|
CFG.PRD Hedge Fund Activity: Q2 2023 in Review
1 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (CFG.PRD) for Q2 2023, worth a combined $19.1K — down 51% from $39.4K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of CFG.PRD and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was PNC Financial Services Group, adding an estimated $3.58K. The largest seller was Cassady Schiller Wealth Management, exiting entirely with an estimated $23.5K sold.
- 1 institutional investor held Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (CFG.PRD) as of Q2 2023, down from 2 in Q1 2023.
- Funds reported $19.1K of Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D stock for Q2 2023, down 51% quarter-over-quarter.
- 0 funds opened new Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D positions in Q2 2023 and 1 closed out, a net change of -1 holder.
- The largest Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D buyer in Q2 2023 was PNC Financial Services Group, an estimated $3.58K added.
- The largest Citizens Financial Group, Inc. Depositary Shares, each representing a 1/40th Interest in a Share of 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D seller in Q2 2023 was Cassady Schiller Wealth Management, an estimated $23.5K sold.
Based on aggregated 13F filings for Q2 2023.