Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
FTV.PRA was delisted on the 30th of June, 2021.
44 hedge funds and large institutions have $1.18B invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 43 → 44 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
15% less capital invested
Capital invested by funds: $1.39B → $1.18B (-$202M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$139M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$78.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13.4M |
| 4 |
OTC
Opera Trading Capital
Paris,
France
|
+$12.8M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$9.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$55M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$51.3M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$33M |
| 4 |
Jane Street
New York
|
-$28M |
| 5 |
D.E. Shaw & Co
New York
|
-$19.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
51
Paloma Partners
Greenwich,
Connecticut
| – | -$7.47M | -7,000 | Closed |
|
|
WAM
52
Weiss Asset Management
Boston,
Massachusetts
| – | -$5.39M | -5,000 | Closed |
|
53
Millennium Management
New York
| – | -$3.04M | -2,822 | Closed |
|
|
NC
54
Nicholas Company
Milwaukee,
Wisconsin
| – | -$426K | -400 | Closed |
|
|
SPIA
55
Steward Partners Investment Advisory
New York
| – | -$22K | -20 | Closed |
|
FTV.PRA Hedge Fund Activity: Q4 2018 in Review
44 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) for Q4 2018, worth a combined $1.18B — down 15% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTV.PRA positions and 9 closed out — a net gain of 1 holder — while 16 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $139M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $55M sold.
- 44 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q4 2018, up from 43 in Q3 2018.
- Funds reported $1.18B of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q4 2018, down 15% quarter-over-quarter.
- 10 funds opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q4 2018 and 9 closed out, a net change of +1 holder.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2018 was BlackRock, an estimated $139M added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q4 2018 was Lord, Abbett & Co, an estimated $55M sold.
Based on aggregated 13F filings for Q4 2018.