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, 7 increasing their positions, 8 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)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
21% less capital invested
Capital invested by funds: $349M → $277M (-$72.4M)
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,
|
-$1.7M |
CLVT.PRA Hedge Fund Activity: Q1 2024 in Review
31 of the 6,958 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 7 added to existing stakes and 8 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.