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 $284M invested in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
3% less funds holding
Funds holding: 32 → 31 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
30% less capital invested
Capital invested by funds: $403M → $284M (-$119M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$36.4M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.02M |
| 3 |
Two Sigma Investments
New York
|
+$8.39M |
| 4 |
Barclays
London,
United Kingdom
|
+$1.44M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$13.9M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$3.49M |
| 3 |
JCP
Jennifer C. Price
|
-$3.08M |
| 4 |
Citigroup
New York
|
-$1.21M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$614K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of America
Charlotte,
North Carolina
| $260K | -$614K | -17,701 | -67% |
|
27
Fidelity International
Hamilton,
Bermuda
| $126K | – | – | – |
|
28
Morgan Stanley
New York
| $64.9K | +$1.74K | +50 | +2% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $31K | – | – | – |
|
|
CAL
30
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $6K | +$6.94K | +200 | New |
|
|
HL
31
HeadInvest LLC
Portland,
Maine
| $2.94K | +$3.47K | +100 | New |
|
32
UBS Group
Zurich,
Switzerland
| $2.92K | +$3.47K | +100 | New |
|
|
HCM
33
Highbridge Capital Management
New York
| – | -$13.9M | -338,776 | Closed |
|
|
PCM
34
Pentwater Capital Management
Naples,
Florida
| – | -$3.49M | -85,000 | Closed |
|
|
JCP
35
Jennifer C. Price
| – | -$3.08M | -75,000 | Closed |
|
36
Invesco
Atlanta,
Georgia
| – | -$279K | -6,800 | Closed |
|
CLVT.PRA Hedge Fund Activity: Q3 2023 in Review
31 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) for Q3 2023, worth a combined $284M — down 30% from $403M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CLVT.PRA and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Loomis, Sayles & Company, adding an estimated $36.4M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $13.9M sold.
- 31 institutional investors held Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) as of Q3 2023, down from 32 in Q2 2023.
- Funds reported $284M of Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares stock for Q3 2023, down 30% quarter-over-quarter.
- 3 funds opened new Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares positions in Q3 2023 and 4 closed out, a net change of -1 holder.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares buyer in Q3 2023 was Loomis, Sayles & Company, an estimated $36.4M added.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares seller in Q3 2023 was Highbridge Capital Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2023.