Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
DHR.PRB was delisted on the 14th of April, 2023.
55 hedge funds and large institutions have $2.83B invested in Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 11 closing their positions.
4% more capital invested
Capital invested by funds: $2.73B → $2.83B (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
11% less funds holding
Funds holding: 62 → 55 (-7)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$517M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$69.3M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$50M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$40.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$467M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$54.3M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$33M |
| 4 |
VanEck Associates
New York
|
-$30.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$15M |
DHR.PRB Hedge Fund Activity: Q3 2022 in Review
55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B (DHR.PRB) for Q3 2022, worth a combined $2.83B — up 3.8% from $2.73B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DHR.PRB and 4 opened new positions — a net loss of 7 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was VOYA Investment Management, opening a new position worth an estimated $517M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $467M sold.
- 55 institutional investors held Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B (DHR.PRB) as of Q3 2022, down from 62 in Q2 2022.
- Funds reported $2.83B of Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B stock for Q3 2022, up 3.8% quarter-over-quarter.
- 4 funds opened new Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B positions in Q3 2022 and 11 closed out, a net change of -7 holders.
- The largest Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B buyer in Q3 2022 was VOYA Investment Management, an estimated $517M added.
- The largest Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B seller in Q3 2022 was Allianz Asset Management, an estimated $467M sold.
Based on aggregated 13F filings for Q3 2022.