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.
27 hedge funds and large institutions have $51.5M 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 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
35% more funds holding
Funds holding: 20 → 27 (+7)
28% more capital invested
Capital invested by funds: $40.2M → $51.5M (+$11.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$110K |
| 3 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$53.1K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$25.9K |
| 5 |
CAS
Cue Advisory Services
Phoenix,
Arizona
|
+$20.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$4.55M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$2.21M |
| 3 |
Millennium Management
New York
|
-$338K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$143K |
| 5 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$42.9K |
CORR.PRA Hedge Fund Activity: Q4 2017 in Review
27 of the 4,419 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 Q4 2017, worth a combined $51.5M — up 28% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CORR.PRA positions and 3 closed out — a net gain of 7 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $14.5M. The largest seller was Cohen & Steers, exiting entirely with an estimated $4.55M sold.
- 27 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 Q4 2017, up from 20 in Q3 2017.
- Funds reported $51.5M 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 Q4 2017, up 28% quarter-over-quarter.
- 10 funds 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 Q4 2017 and 3 closed out, a net change of +7 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 Q4 2017 was BlackRock, an estimated $14.5M 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 Q4 2017 was Cohen & Steers, an estimated $4.55M sold.
Based on aggregated 13F filings for Q4 2017.