CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock
CORR.PRA
CORR.PRA was delisted on the 1st of December, 2023.
10 hedge funds and large institutions have $17.5M invested in CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more capital invested
Capital invested by funds: $13.2M → $17.5M (+$4.38M)
17% less funds holding
Funds holding: 12 → 10 (-2)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$3.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$57.5K |
| 3 |
LPL Financial
San Diego,
California
|
+$34.1K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$136 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$728K |
| 2 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$451K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$99.9K |
| 4 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
-$64.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$18K |
CORR.PRA Hedge Fund Activity: Q1 2016 in Review
10 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock (CORR.PRA) for Q1 2016, worth a combined $17.5M — up 33% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CORR.PRA and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $3.11M. The largest seller was Spirit of America Management Corp, exiting entirely with an estimated $728K sold.
- 10 institutional investors held CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock (CORR.PRA) as of Q1 2016, down from 12 in Q4 2015.
- Funds reported $17.5M of CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock stock for Q1 2016, up 33% quarter-over-quarter.
- 1 fund opened new CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock buyer in Q1 2016 was Davis Selected Advisers, an estimated $3.11M added.
- The largest CorEnergy Infrastructure Trust, Inc Depositary Shares representing a 1/100th fractional interest of a share of 7.375% Series A Cumulative Redeemable Preferred Stock seller in Q1 2016 was Spirit of America Management Corp, an estimated $728K sold.
Based on aggregated 13F filings for Q1 2016.