Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
FTV.PRA was delisted on the 30th of June, 2021.
55 hedge funds and large institutions have $957M invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 7 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2% more funds holding
Funds holding: 54 → 55 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less capital invested
Capital invested by funds: $1.3B → $957M (-$347M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$38.6M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$24.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$22.5M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$19.4M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$55.6M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$22.3M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$17.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$16.8M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$15.2M |
FTV.PRA Hedge Fund Activity: Q1 2020 in Review
55 of the 4,538 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 2020, worth a combined $957M — down 27% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTV.PRA positions and 7 closed out — a net gain of 2 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $38.6M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $55.6M.
- 55 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q1 2020, up from 54 in Q4 2019.
- Funds reported $957M of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q1 2020, down 27% quarter-over-quarter.
- 9 funds opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q1 2020 and 7 closed out, a net change of +2 holders.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q1 2020 was Loomis, Sayles & Company, an estimated $38.6M added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $55.6M sold.
Based on aggregated 13F filings for Q1 2020.