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 $25.3K 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 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
6% more capital invested
Capital invested by funds: $23.8K → $25.3K (+$1.53K)
67% less funds holding
Funds holding: 3 → 1 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Operose Advisors
Milwaukee,
Wisconsin
|
-$2.82K |
| 2 |
OP
ORG Partners
Roanoke,
Indiana
|
-$680 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $25.3K | +$4.55K | +191 | +22% |
|
|
OA
2
Operose Advisors
Milwaukee,
Wisconsin
| – | -$2.82K | -120 | Closed |
|
|
OP
3
ORG Partners
Roanoke,
Indiana
| – | -$680 | -29 | Closed |
|
CFG.PRD Hedge Fund Activity: Q4 2023 in Review
1 of the 6,859 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 Q4 2023, worth a combined $25.3K — up 6.5% from $23.8K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CFG.PRD and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was PNC Financial Services Group, adding an estimated $4.55K. The largest seller was Operose Advisors, exiting entirely with an estimated $2.82K 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 Q4 2023, down from 3 in Q3 2023.
- Funds reported $25.3K 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 Q4 2023, up 6.5% 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 Q4 2023 and 2 closed out, a net change of -2 holders.
- 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 Q4 2023 was PNC Financial Services Group, an estimated $4.55K 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 Q4 2023 was Operose Advisors, an estimated $2.82K sold.
Based on aggregated 13F filings for Q4 2023.