Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
DHR.PRB was delisted on the 14th of April, 2023.
54 hedge funds and large institutions have $3.39B invested in Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
20% more funds holding
Funds holding: 45 → 54 (+9)
5% more capital invested
Capital invested by funds: $3.24B → $3.39B (+$149M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$148M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$124M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$118M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$66.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$41.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$159M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$19.4M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$18.8M |
| 4 |
BlackRock
New York
|
-$13.8M |
| 5 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $141K | -$1.24M | -811 | -90% |
|
52
Morgan Stanley
New York
| $115K | +$7.63K | +5 | +7% |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $73K | – | – | – |
|
54
Citigroup
New York
| $30K | +$29K | +19 | New |
|
55
Rockefeller Capital Management
New York
| $4K | – | – | – |
|
|
EIP
56
Ellis Investment Partners
Berwyn,
Pennsylvania
| $1K | – | – | – |
|
57
Verition Fund Management
Greenwich,
Connecticut
| – | -$32K | -18,000 | Closed |
|
|
P8IP
58
Pier 88 Investment Partners
San Francisco,
California
| – | -$11M | -6,310 | Closed |
|
59
Goldman Sachs
New York
| – | -$4.22M | -2,427 | Closed |
|
|
AII
60
AGF Investments Inc
Toronto,
Ontario, Canada
| – | -$2.04M | -1,175 | Closed |
|
|
WF
61
Welch & Forbes
Boston,
Massachusetts
| – | -$695K | -400 | Closed |
|
DHR.PRB Hedge Fund Activity: Q1 2022 in Review
54 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B (DHR.PRB) for Q1 2022, worth a combined $3.39B — up 4.6% from $3.24B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DHR.PRB positions and 5 closed out — a net gain of 9 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $148M. The largest seller was Capital World Investors, cutting an estimated $159M.
- 54 institutional investors held Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B (DHR.PRB) as of Q1 2022, up from 45 in Q4 2021.
- Funds reported $3.39B of Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B stock for Q1 2022, up 4.6% quarter-over-quarter.
- 14 funds opened new Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B positions in Q1 2022 and 5 closed out, a net change of +9 holders.
- The largest Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B buyer in Q1 2022 was Lord, Abbett & Co, an estimated $148M added.
- The largest Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B seller in Q1 2022 was Capital World Investors, an estimated $159M sold.
Based on aggregated 13F filings for Q1 2022.