FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT
FNFG.PRB
FNFG.PRB was delisted on the 29th of July, 2016.
8 hedge funds and large institutions have $17.9M invested in FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and closing their positions.
33% more funds holding
Funds holding: 6 → 8 (+2)
12% more capital invested
Capital invested by funds: $15.9M → $17.9M (+$1.97M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$1.2M |
| 2 |
PWM
ParenteBeard Wealth Management
York,
Pennsylvania
|
+$276K |
| 3 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$48.7K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.81K |
FNFG.PRB Hedge Fund Activity: Q2 2014 in Review
8 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT (FNFG.PRB) for Q2 2014, worth a combined $17.9M — up 12% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNFG.PRB positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $1.2M. The largest seller was Ameriprise, cutting an estimated $48.7K.
- 8 institutional investors held FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT (FNFG.PRB) as of Q2 2014, up from 6 in Q1 2014.
- Funds reported $17.9M of FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT stock for Q2 2014, up 12% quarter-over-quarter.
- 2 funds opened new FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT positions in Q2 2014 and 0 closed out, a net change of +2 holders.
- The largest FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT buyer in Q2 2014 was Tocqueville Asset Management, an estimated $1.2M added.
- The largest FIRST NIAGARA FINANCIAL GROUP INC. PFD NON CUM SER B FXD/FLT seller in Q2 2014 was Ameriprise, an estimated $48.7K sold.
Based on aggregated 13F filings for Q2 2014.