Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
FTV.PRA was delisted on the 30th of June, 2021.
9 hedge funds and large institutions have $231M invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 47 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
76% less capital invested
Capital invested by funds: $957M → $231M (-$726M)
84% less funds holding
Funds holding: 55 → 9 (-46)
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$7.7M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$7.36M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
+$5.63M |
| 4 |
FHB
First Hawaiian Bank
Honolulu,
Hawaii
|
+$313K |
| 5 |
CWM
Calamos Wealth Management
Naperville,
Illinois
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$147M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$118M |
| 3 |
BlackRock
New York
|
-$75.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$67.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$64.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
51
MUFG Americas
New York
| – | -$499K | -713 | Closed |
|
52
UBS Group
Zurich,
Switzerland
| – | -$403K | -560 | Closed |
|
53
Ameriprise
Minneapolis,
Minnesota
| – | -$397K | -550 | Closed |
|
|
EDRH
54
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$4K | -520 | Closed |
|
|
OAM
55
Oppenheimer Asset Management
New York
| – | -$64K | -89 | Closed |
|
56
Osaic Holdings
Scottsdale,
Arizona
| – | -$42K | -58 | Closed |
|
|
SPIA
57
Steward Partners Investment Advisory
New York
| – | -$1K | -2 | Closed |
|
FTV.PRA Hedge Fund Activity: Q2 2020 in Review
9 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) for Q2 2020, worth a combined $231M — down 76% from $957M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of FTV.PRA and 1 opened new positions — a net loss of 46 holders — while 1 trimmed existing stakes and 6 added.
The largest buyer was Camden Asset Management, adding an estimated $7.7M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $147M sold.
- 9 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q2 2020, down from 55 in Q1 2020.
- Funds reported $231M of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q2 2020, down 76% quarter-over-quarter.
- 1 fund opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q2 2020 and 47 closed out, a net change of -46 holders.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2020 was Camden Asset Management, an estimated $7.7M added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q2 2020 was T. Rowe Price Associates, an estimated $147M sold.
Based on aggregated 13F filings for Q2 2020.