Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A
FITB.PRA
1 hedge funds and large institutions have $112 invested in Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 2 closing their positions.
15.81% less ownership
Funds ownership: 15.81% → 0% (-16%)
50% less funds holding
Funds holding: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less capital invested
Capital invested by funds: $30.3M → $112 (-$30.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$114 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$29.9M |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$446K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $112 | +$114 | +5 | New |
|
|
CW
2
Connectus Wealth
Cincinnati,
Ohio
| – | -$29.9M | -1,246,469 | Closed |
|
|
3
RhumbLine Advisers
Boston,
Massachusetts
| – | -$446K | -18,627 | Closed |
|
FITB.PRA Hedge Fund Activity: Q4 2022 in Review
1 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A (FITB.PRA) for Q4 2022, worth a combined $112 — down 100% from $30.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FITB.PRA and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $114. The largest seller was Connectus Wealth, exiting entirely with an estimated $29.9M sold.
- 1 institutional investor held Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A (FITB.PRA) as of Q4 2022, down from 2 in Q3 2022.
- Funds reported $112 of Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A stock for Q4 2022, down 100% quarter-over-quarter.
- 1 fund opened new Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A positions in Q4 2022 and 2 closed out, a net change of -1 holder.
- The largest Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A buyer in Q4 2022 was PNC Financial Services Group, an estimated $114 added.
- The largest Fifth Third Bancorp Depositary Shares Perpetual Class B Preferred Stock Series A seller in Q4 2022 was Connectus Wealth, an estimated $29.9M sold.
Based on aggregated 13F filings for Q4 2022.