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 $1.3B invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $1.21B → $1.3B (+$97.8M)
2% more funds holding
Funds holding: 53 → 54 (+1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$84.8M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$41M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$22.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$16.3M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$7.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$61.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$47.1M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$16.4M |
| 4 |
Barclays
London,
United Kingdom
|
-$14M |
| 5 |
BlackRock
New York
|
-$10.6M |
FTV.PRA Hedge Fund Activity: Q4 2019 in Review
54 of the 5,075 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 2019, worth a combined $1.3B — up 8.1% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FTV.PRA positions and 6 closed out — a net gain of 1 holder — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $84.8M. The largest seller was Camden Asset Management, cutting an estimated $61.9M.
- 54 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q4 2019, up from 53 in Q3 2019.
- Funds reported $1.3B of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q4 2019, up 8.1% quarter-over-quarter.
- 7 funds opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q4 2019 and 6 closed out, a net change of +1 holder.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2019 was Manulife (Manufacturers Life Insurance), an estimated $84.8M added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q4 2019 was Camden Asset Management, an estimated $61.9M sold.
Based on aggregated 13F filings for Q4 2019.