Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I
FITB.PRI
2 hedge funds and large institutions have $5.95M invested in Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I in 2016 Q3 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% less funds holding
Funds holding: 4 → 2 (-2)
100% less capital inflows, than outflows
Capital inflows: $0 | Capital outflows: $2.58M
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tocqueville Asset Management
New York
|
-$2.52M |
| 2 |
SevenBridge Financial Group
Harrisburg,
Pennsylvania
|
-$30K |
| 3 |
RIG
Roosevelt Investment Group
New York
|
-$28.9K |
FITB.PRI Hedge Fund Activity: Q3 2016 in Review
2 of the 3,759 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 Q3 2016, worth a combined $5.95M — down 40% from $9.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FITB.PRI and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest seller was Tocqueville Asset Management, cutting an estimated $2.52M.
- 2 institutional investors held Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I (FITB.PRI) as of Q3 2016, down from 4 in Q2 2016.
- Funds reported $5.95M of Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I stock for Q3 2016, down 40% quarter-over-quarter.
- 0 funds opened new Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I positions in Q3 2016 and 1 closed out, a net change of -1 holder.
- The largest Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I seller in Q3 2016 was Tocqueville Asset Management, an estimated $2.52M sold.
Based on aggregated 13F filings for Q3 2016.