Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I
FITB.PRI
6 hedge funds and large institutions have $8.02M invested in Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and closing their positions.
28,956% more capital inflows, than outflows
Capital inflows: $3.07M | Capital outflows: $10.6K
100% more funds holding
Funds holding: 3 → 6 (+3)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sun Life Financial
Toronto,
Ontario, Canada
|
+$1.71M |
| 2 |
RIG
Roosevelt Investment Group
New York
|
+$453K |
| 3 |
Addison Capital
Conshohocken,
Pennsylvania
|
+$358K |
| 4 |
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tocqueville Asset Management
New York
|
-$10.6K |
FITB.PRI Hedge Fund Activity: Q1 2016 in Review
6 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I (FITB.PRI) for Q1 2016, worth a combined $8.02M — up 23% from $6.52M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FITB.PRI positions and 0 closed out — a net gain of 3 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Sun Life Financial, opening a new position worth an estimated $1.71M. The largest seller was Tocqueville Asset Management, cutting an estimated $10.6K.
- 6 institutional investors held Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I (FITB.PRI) as of Q1 2016, up from 3 in Q4 2015.
- Funds reported $8.02M of Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I stock for Q1 2016, up 23% quarter-over-quarter.
- 3 funds opened new Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I positions in Q1 2016 and 0 closed out, a net change of +3 holders.
- The largest Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I buyer in Q1 2016 was Sun Life Financial, an estimated $1.71M added.
- The largest Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I seller in Q1 2016 was Tocqueville Asset Management, an estimated $10.6K sold.
Based on aggregated 13F filings for Q1 2016.