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 $29.1K 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 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
9% less capital invested
Capital invested by funds: $31.9K → $29.1K (-$2.79K)
25% less funds holding
Funds holding: 4 → 3 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Byrne Asset Management
Kingston,
New Jersey
|
+$2.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Operose Advisors
Milwaukee,
Wisconsin
|
-$3.04K |
| 2 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
-$1.77K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.04K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $25K | -$1.04K | -41 | -4% |
|
|
BAM
2
Byrne Asset Management
Kingston,
New Jersey
| $3.46K | +$2.53K | +100 | New |
|
|
OP
3
ORG Partners
Roanoke,
Indiana
| $724 | – | – | – |
|
|
OA
4
Operose Advisors
Milwaukee,
Wisconsin
| – | -$3.04K | -120 | Closed |
|
|
FGAM
5
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.77K | -70 | Closed |
|
CFG.PRD Hedge Fund Activity: Q2 2024 in Review
3 of the 6,924 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 2024, worth a combined $29.1K — down 8.7% from $31.9K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CFG.PRD and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Byrne Asset Management, opening a new position worth an estimated $2.53K. The largest seller was Operose Advisors, exiting entirely with an estimated $3.04K sold.
- 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 Q2 2024, down from 4 in Q1 2024.
- Funds reported $29.1K 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 2024, down 8.7% quarter-over-quarter.
- 1 fund 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 2024 and 2 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 2024 was Byrne Asset Management, an estimated $2.53K 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 2024 was Operose Advisors, an estimated $3.04K sold.
Based on aggregated 13F filings for Q2 2024.