Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
CLVT.PRA was delisted on the 31st of May, 2024.
32 hedge funds and large institutions have $403M invested in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% more funds holding
Funds holding: 31 → 32 (+1)
6% less capital invested
Capital invested by funds: $427M → $403M (-$23.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$18.5M |
| 2 |
EC
Elequin Capital
New York
|
+$7.54M |
| 3 |
Two Sigma Investments
New York
|
+$7.42M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.2M |
| 5 |
Amundi
Paris,
France
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$41.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.6M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$3.74M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.3M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$2.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $1.09M | +$225K | +5,980 | +29% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $1.03M | – | – | – |
|
28
Jane Street
New York
| $1.02M | +$943K | +25,000 | New |
|
29
D.E. Shaw & Co
New York
| $618K | – | – | – |
|
|
CC
30
Cannell & Co
New York
| $466K | – | – | – |
|
31
Invesco
Atlanta,
Georgia
| $279K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $188K | – | – | – |
|
33
Fidelity International
Hamilton,
Bermuda
| $175K | – | – | – |
|
34
Morgan Stanley
New York
| $89.4K | +$22.6K | +600 | +38% |
|
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$41.6M | -1,005,153 | Closed |
|
36
Tudor Investment Corp
Stamford,
Connecticut
| – | -$616K | -15,000 | Closed |
|
CLVT.PRA Hedge Fund Activity: Q2 2023 in Review
32 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) for Q2 2023, worth a combined $403M — down 5.6% from $427M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CLVT.PRA positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $18.5M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $41.6M sold.
- 32 institutional investors held Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) as of Q2 2023, up from 31 in Q1 2023.
- Funds reported $403M of Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares stock for Q2 2023, down 5.6% quarter-over-quarter.
- 3 funds opened new Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares buyer in Q2 2023 was Weiss Asset Management, an estimated $18.5M added.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares seller in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $41.6M sold.
Based on aggregated 13F filings for Q2 2023.