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 $277M invested in Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more funds holding
Funds holding: 28 → 31 (+3)
21% less capital invested
Capital invested by funds: $349M → $277M (-$72.7M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
+$20.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$18.7M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$2.56M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.93M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$39.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.3M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.67M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.02M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$1.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Cannell & Spears
New York
| $344K | +$394K | +11,575 | New |
|
27
Jane Street
New York
| $273K | -$416K | -12,218 | -57% |
|
|
BCM
28
BlueCrest Capital Management
St Helier,
Jersey
| $255K | -$692K | -20,317 | -70% |
|
|
SSG
29
Summit Securities Group
New York
| $42K | +$48.5K | +1,422 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $36K | – | – | – |
|
|
PSC
31
Piper Sandler & Co
Minneapolis,
Minnesota
| $16.4K | +$18.6K | +545 | New |
|
32
UBS Group
Zurich,
Switzerland
| $119 | +$136 | +4 | New |
|
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$20.3M | -534,550 | Closed |
|
|
34
Fidelity Investments
Boston,
Massachusetts
| – | -$6.02M | -156,900 | Closed |
|
35
Fidelity International
Hamilton,
Bermuda
| – | -$163K | -4,259 | Closed |
|
CLVT.PRA Hedge Fund Activity: Q1 2024 in Review
31 of the 6,942 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 2024, worth a combined $277M — down 21% from $349M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CLVT.PRA positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Elequin Capital, adding an estimated $20.8M. The largest seller was Loomis, Sayles & Company, cutting an estimated $39.8M.
- 31 institutional investors held Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares (CLVT.PRA) as of Q1 2024, up from 28 in Q4 2023.
- Funds reported $277M of Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares stock for Q1 2024, down 21% quarter-over-quarter.
- 7 funds opened new Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares positions in Q1 2024 and 3 closed out, a net change of +4 holders.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares buyer in Q1 2024 was Elequin Capital, an estimated $20.8M added.
- The largest Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares seller in Q1 2024 was Loomis, Sayles & Company, an estimated $39.8M sold.
Based on aggregated 13F filings for Q1 2024.