Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
DHR.PRB was delisted on the 14th of April, 2023.
46 hedge funds and large institutions have $2.19B invested in Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 21 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less funds holding
Funds holding: 54 → 46 (-8)
21% less capital invested
Capital invested by funds: $2.78B → $2.19B (-$594M)
67% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 21
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$18.1M |
| 2 |
EC
Elequin Capital
New York
|
+$6.49M |
| 3 |
BlackRock
New York
|
+$1.22M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$527K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$44.9M |
| 2 |
JP Morgan Chase
New York
|
-$42.4M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$40.6M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$39.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $5.1K | +$5.19K | +4 | New |
|
|
52
State Street
Boston,
Massachusetts
| – | -$44.9M | -33,200 | Closed |
|
53
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$27.4M | -20,205 | Closed |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$25.4M | -18,650 | Closed |
|
|
P8IP
55
Pier 88 Investment Partners
San Francisco,
California
| – | -$19.5M | -14,364 | Closed |
|
|
SIM
56
SSI Investment Management
Los Angeles,
California
| – | -$15.6M | -11,469 | Closed |
|
|
RA
57
Rational Advisors
Huntington,
New York
| – | -$4.95M | -3,645 | Closed |
|
58
Jane Street
New York
| – | -$2.55M | -1,879 | Closed |
|
|
FHB
59
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$373K | -275 | Closed |
|
60
American Century Companies
Kansas City,
Missouri
| – | -$286K | -210 | Closed |
|
61
Barclays
London,
United Kingdom
| – | -$109K | -80 | Closed |
|
|
MCC
62
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$1.36K | -1 | Closed |
|
DHR.PRB Hedge Fund Activity: Q1 2023 in Review
46 of the 6,275 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 2023, worth a combined $2.19B — down 21% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DHR.PRB and 3 opened new positions — a net loss of 8 holders — while 21 trimmed existing stakes and 7 added.
The largest buyer was Capital Research Global Investors, adding an estimated $18.1M. The largest seller was State Street, exiting entirely with an estimated $44.9M sold.
- 46 institutional investors held Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B (DHR.PRB) as of Q1 2023, down from 54 in Q4 2022.
- Funds reported $2.19B of Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B stock for Q1 2023, down 21% quarter-over-quarter.
- 3 funds opened new Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B positions in Q1 2023 and 11 closed out, a net change of -8 holders.
- The largest Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B buyer in Q1 2023 was Capital Research Global Investors, an estimated $18.1M added.
- The largest Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B seller in Q1 2023 was State Street, an estimated $44.9M sold.
Based on aggregated 13F filings for Q1 2023.