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.
3 hedge funds and large institutions have $30.2K 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 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 0 closing their positions.
200% more funds holding
Funds holding: 1 → 3 (+2)
19% more capital invested
Capital invested by funds: $25.3K → $30.2K (+$4.87K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Operose Advisors
Milwaukee,
Wisconsin
|
+$2.98K |
| 2 |
OP
ORG Partners
Roanoke,
Indiana
|
+$720 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$323 |
CFG.PRD Hedge Fund Activity: Q1 2024 in Review
3 of the 6,958 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 Q1 2024, worth a combined $30.2K — up 19% from $25.3K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CFG.PRD positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Operose Advisors, opening a new position worth an estimated $2.98K. The largest seller was PNC Financial Services Group, cutting an estimated $323.
- 3 institutional investors 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 Q1 2024, up from 1 in Q4 2023.
- Funds reported $30.2K 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 Q1 2024, up 19% quarter-over-quarter.
- 2 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 Q1 2024 and 0 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 Q1 2024 was Operose Advisors, an estimated $2.98K 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 Q1 2024 was PNC Financial Services Group, an estimated $323 sold.
Based on aggregated 13F filings for Q1 2024.