Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares
EQC.PRD
EQC.PRD was delisted on the 2nd of December, 2024.
24 hedge funds and large institutions have $32M invested in Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 3 closing their positions.
5% more capital invested
Capital invested by funds: $30.5M → $32M (+$1.44M)
8% less funds holding
Funds holding: 26 → 24 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.05M |
| 2 |
LCM
LDR Capital Management
New York
|
+$1.23M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$408K |
| 4 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.65M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$860K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$471K |
| 4 |
LPL Financial
San Diego,
California
|
-$212K |
| 5 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $3K | – | – | – |
|
|
N
27
Nuveen
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
28
Fidelity Investments
Boston,
Massachusetts
| – | -$860K | -31,237 | Closed |
|
|
SOAMC
29
Spirit of America Management Corp
Syosset,
New York
| – | -$164K | -6,000 | Closed |
|
|
NSIM
30
North Star Investment Management
Chicago,
Illinois
| – | -$137K | -5,000 | Closed |
|
EQC.PRD Hedge Fund Activity: Q2 2019 in Review
24 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares (EQC.PRD) for Q2 2019, worth a combined $32M — up 4.7% from $30.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EQC.PRD and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was BlackRock, adding an estimated $3.05M. The largest seller was Icon Advisers, cutting an estimated $1.65M.
- 24 institutional investors held Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares (EQC.PRD) as of Q2 2019, down from 26 in Q1 2019.
- Funds reported $32M of Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares stock for Q2 2019, up 4.7% quarter-over-quarter.
- 1 fund opened new Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares positions in Q2 2019 and 3 closed out, a net change of -2 holders.
- The largest Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares buyer in Q2 2019 was BlackRock, an estimated $3.05M added.
- The largest Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares seller in Q2 2019 was Icon Advisers, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2019.