CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
CNP.PRB was delisted on the 31st of August, 2021.
52 hedge funds and large institutions have $485M invested in CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 11 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
9% less funds holding
Funds holding: 57 → 52 (-5)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
40% less capital invested
Capital invested by funds: $806M → $485M (-$321M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.5M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$8.36M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.93M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$18.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$12.4M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$8.17M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.84M |
| 5 |
ACM
Advent Capital Management
New York
|
-$5.5M |
CNP.PRB Hedge Fund Activity: Q1 2020 in Review
52 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S (CNP.PRB) for Q1 2020, worth a combined $485M — down 40% from $806M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CNP.PRB and 7 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 22 added.
The largest buyer was Deutsche Bank, adding an estimated $12M. The largest seller was Westwood Holdings Group, exiting entirely with an estimated $18.9M sold.
- 52 institutional investors held CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S (CNP.PRB) as of Q1 2020, down from 57 in Q4 2019.
- Funds reported $485M of CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S stock for Q1 2020, down 40% quarter-over-quarter.
- 7 funds opened new CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S positions in Q1 2020 and 11 closed out, a net change of -4 holders.
- The largest CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S buyer in Q1 2020 was Deutsche Bank, an estimated $12M added.
- The largest CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S seller in Q1 2020 was Westwood Holdings Group, an estimated $18.9M sold.
Based on aggregated 13F filings for Q1 2020.