Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
CLVT.PRA was delisted on the 31st of May, 2024.
31 hedge funds and large institutions have $427M invested in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 7 closing their positions.
21% more capital invested
Capital invested by funds: $352M → $427M (+$74.9M)
9% less funds holding
Funds holding: 34 → 31 (-3)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$144M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$41.9M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$7.8M |
| 4 |
JCP
Jennifer C. Price
|
+$3.38M |
| 5 |
Citigroup
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$13.2M |
| 2 |
Two Sigma Investments
New York
|
-$7.76M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$7.67M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$4.48M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
D.E. Shaw & Co
New York
| $622K | -$3.38M | -75,000 | -83% |
|
27
Tudor Investment Corp
Stamford,
Connecticut
| $616K | – | – | – |
|
|
CC
28
Cannell & Co
New York
| $466K | +$19.1K | +425 | +4% |
|
29
JP Morgan Chase
New York
| $416K | -$2.55M | -56,587 | -85% |
|
30
Invesco
Atlanta,
Georgia
| $279K | – | – | – |
|
31
Fidelity International
Hamilton,
Bermuda
| $176K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $175K | – | – | – |
|
33
Morgan Stanley
New York
| $64.4K | +$22.5K | +500 | +47% |
|
|
AGC
34
Angelo Gordon & Co
New York
| – | -$7.67M | -202,704 | Closed |
|
|
WAM
35
Weiss Asset Management
Boston,
Massachusetts
| – | -$3.56M | -93,307 | Closed |
|
|
PCM
36
Prelude Capital Management
New York
| – | -$604K | -15,932 | Closed |
|
37
Jane Street
New York
| – | -$318K | -8,461 | Closed |
|
|
CF
38
Concorde Financial
Dallas,
Texas
| – | -$17.1K | -400 | Closed |
|
39
UBS Group
Zurich,
Switzerland
| – | -$11.7K | -310 | Closed |
|
CLVT.PRA Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) for Q1 2023, worth a combined $427M — up 21% from $352M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CLVT.PRA and 4 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $144M. The largest seller was Citadel Advisors, exiting entirely with an estimated $13.2M sold.
- 31 institutional investors held Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) as of Q1 2023, down from 34 in Q4 2022.
- Funds reported $427M of Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares stock for Q1 2023, up 21% quarter-over-quarter.
- 4 funds opened new Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares positions in Q1 2023 and 7 closed out, a net change of -3 holders.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares buyer in Q1 2023 was Loomis, Sayles & Company, an estimated $144M added.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares seller in Q1 2023 was Citadel Advisors, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2023.