Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
DHR.PRA was delisted on the 14th of April, 2022.
60 hedge funds and large institutions have $1.69B invested in Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 16 closing their positions.
2% more capital invested
Capital invested by funds: $1.67B → $1.69B (+$26.8M)
13% less funds holding
Funds holding: 69 → 60 (-9)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$92.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$89.9M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$61.2M |
| 4 |
BlackRock
New York
|
+$42.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.2B |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$44.6M |
| 3 |
SC
Sculptor Capital
New York
|
-$42.5M |
| 4 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$36.8M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$31.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
D.E. Shaw & Co
New York
| – | -$8.4M | -8,000 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$3.67M | -3,500 | Closed |
|
|
TCM
78
Tenor Capital Management
New York
| – | -$3.68M | -3,500 | Closed |
|
|
CL
79
CSS LLC
Chicago,
Illinois
| – | -$3.15M | -3,000 | Closed |
|
|
MSU
80
Mizuho Securities USA
New York
| – | -$2.41M | -2,300 | Closed |
|
81
Goldman Sachs
New York
| – | -$748K | -710 | Closed |
|
82
Citigroup
New York
| – | -$397K | -377 | Closed |
|
DHR.PRA Hedge Fund Activity: Q2 2019 in Review
60 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A (DHR.PRA) for Q2 2019, worth a combined $1.69B — up 1.6% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DHR.PRA and 8 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 17 added.
The largest buyer was Capital World Investors, adding an estimated $92.8M. The largest seller was Lord, Abbett & Co, cutting an estimated $13.2B.
- 60 institutional investors held Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A (DHR.PRA) as of Q2 2019, down from 69 in Q1 2019.
- Funds reported $1.69B of Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A stock for Q2 2019, up 1.6% quarter-over-quarter.
- 8 funds opened new Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A positions in Q2 2019 and 16 closed out, a net change of -8 holders.
- The largest Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2019 was Capital World Investors, an estimated $92.8M added.
- The largest Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A seller in Q2 2019 was Lord, Abbett & Co, an estimated $13.2B sold.
Based on aggregated 13F filings for Q2 2019.