Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
FTV.PRA was delisted on the 30th of June, 2021.
53 hedge funds and large institutions have $1.21B invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
13% more funds holding
Funds holding: 47 → 53 (+6)
9% less capital invested
Capital invested by funds: $1.32B → $1.21B (-$119M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$71.8M |
| 2 |
TSS
Two Sigma Securities
New York
|
+$16.6M |
| 3 |
D.E. Shaw & Co
New York
|
+$16.6M |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$14.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$75.2M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$35.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$21.3M |
| 4 |
BlackRock
New York
|
-$9.54M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$8.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| $385K | +$405K | +427 | New |
|
52
UBS Group
Zurich,
Switzerland
| $310K | -$214K | -226 | -40% |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $223K | -$30.3K | -32 | -11% |
|
|
FHB
54
First Hawaiian Bank
Honolulu,
Hawaii
| $223K | -$2.84K | -3 | -1% |
|
|
OAM
55
Oppenheimer Asset Management
New York
| $86K | – | – | – |
|
|
TFS
56
TrustCore Financial Services
Brentwood,
Tennessee
| $41K | – | – | – |
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | – | – | – |
|
|
AG
58
Advisor Group
Phoenix,
Arizona
| $11K | – | – | – |
|
|
EDRH
59
Edmond de Rothschild Holding
Chambesy,
Switzerland
| $5K | – | – | – |
|
|
BCM
60
Brasada Capital Management
Houston,
Texas
| – | -$820K | -800 | Closed |
|
FTV.PRA Hedge Fund Activity: Q3 2019 in Review
53 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) for Q3 2019, worth a combined $1.21B — down 9% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FTV.PRA positions and 1 closed out — a net gain of 6 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Camden Asset Management, adding an estimated $71.8M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $75.2M.
- 53 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q3 2019, up from 47 in Q2 2019.
- Funds reported $1.21B of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q3 2019, down 9% quarter-over-quarter.
- 7 funds opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q3 2019 and 1 closed out, a net change of +6 holders.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2019 was Camden Asset Management, an estimated $71.8M added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $75.2M sold.
Based on aggregated 13F filings for Q3 2019.