Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I
FITB.PRI
4 hedge funds and large institutions have $9.9M invested in Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
226% more capital inflows, than outflows
Capital inflows: $2.25M | Capital outflows: $689K
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
33% less funds holding
Funds holding: 6 → 4 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
+$1.95M |
| 2 |
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$285K |
| 3 |
Tocqueville Asset Management
New York
|
+$8.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Addison Capital
Conshohocken,
Pennsylvania
|
-$369K |
| 2 |
SevenBridge Financial Group
Harrisburg,
Pennsylvania
|
-$318K |
| 3 |
Sun Life Financial
Toronto,
Ontario, Canada
|
-$1.76K |
FITB.PRI Hedge Fund Activity: Q2 2016 in Review
4 of the 3,756 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 Q2 2016, worth a combined $9.9M — up 23% from $8.02M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FITB.PRI and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Roosevelt Investment Group, adding an estimated $1.95M. The largest seller was Addison Capital, exiting entirely with an estimated $369K sold.
- 4 institutional investors held Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I (FITB.PRI) as of Q2 2016, down from 6 in Q1 2016.
- Funds reported $9.9M of Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I stock for Q2 2016, up 23% quarter-over-quarter.
- 0 funds opened new Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I positions in Q2 2016 and 2 closed out, a net change of -2 holders.
- The largest Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I buyer in Q2 2016 was Roosevelt Investment Group, an estimated $1.95M added.
- The largest Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I seller in Q2 2016 was Addison Capital, an estimated $369K sold.
Based on aggregated 13F filings for Q2 2016.