Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
FTV.PRA was delisted on the 30th of June, 2021.
54 hedge funds and large institutions have $1.39B invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
23% more funds holding
Funds holding: 44 → 54 (+10)
17% more capital invested
Capital invested by funds: $1.18B → $1.39B (+$205M)
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$49.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$33.1M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$13.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$13.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$70.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$24.9M |
| 3 |
Barclays
London,
United Kingdom
|
-$18.7M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$7.65M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$7.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| $252K | +$239K | +240 | New |
|
|
HF
52
HRT Financial
New York
| $207K | +$197K | +198 | New |
|
|
OAM
53
Oppenheimer Asset Management
New York
| $91K | +$14.9K | +15 | +21% |
|
54
JP Morgan Chase
New York
| $47K | -$2.99K | -3 | -6% |
|
|
TFS
55
TrustCore Financial Services
Brentwood,
Tennessee
| $47K | +$44.8K | +45 | New |
|
|
AG
56
Advisor Group
Phoenix,
Arizona
| $13K | – | – | – |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $10K | +$9.96K | +10 | New |
|
58
Verition Fund Management
Greenwich,
Connecticut
| – | -$9K | -10,000 | Closed |
|
59
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$672K | -742 | Closed |
|
|
ICM
60
Ionic Capital Management
New York
| – | -$240K | -264 | Closed |
|
61
Nomura Holdings
Tokyo,
Japan
| – | +$174K | +175 | New |
|
FTV.PRA Hedge Fund Activity: Q1 2019 in Review
54 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) for Q1 2019, worth a combined $1.39B — up 17% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FTV.PRA positions and 3 closed out — a net gain of 11 holders — while 14 added to existing stakes and 23 trimmed.
The largest buyer was AQR Arbitrage, adding an estimated $49.8M. The largest seller was Camden Asset Management, cutting an estimated $70.5M.
- 54 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q1 2019, up from 44 in Q4 2018.
- Funds reported $1.39B of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q1 2019, up 17% quarter-over-quarter.
- 14 funds opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q1 2019 and 3 closed out, a net change of +11 holders.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q1 2019 was AQR Arbitrage, an estimated $49.8M added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q1 2019 was Camden Asset Management, an estimated $70.5M sold.
Based on aggregated 13F filings for Q1 2019.