Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
FTV.PRA was delisted on the 30th of June, 2021.
2 hedge funds and large institutions have $11.7M invested in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 7 closing their positions.
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
78% less funds holding
Funds holding: 9 → 2 (-7)
95% less capital invested
Capital invested by funds: $231M → $11.7M (-$219M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$87.4K |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$41.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$119M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$73.1M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$15.2M |
| 4 |
Barclays
London,
United Kingdom
|
-$10.2M |
| 5 |
CWM
Calamos Wealth Management
Naperville,
Illinois
|
-$965K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
1
Cutler Capital Management
Worcester,
Massachusetts
| $6.24M | +$41.4K | +45 | +0.7% |
|
2
BNP Paribas Financial Markets
Paris,
France
| $2.81M | – | – | – |
|
|
LTI
3
Laffer Tengler Investments
Nashville,
Tennessee
| $2.61M | +$87.4K | +95 | +4% |
|
|
CAM
4
Camden Asset Management
Los Angeles,
California
| – | -$119M | -137,178 | Closed |
|
|
5
Calamos Advisors
Naperville,
Illinois
| – | -$73.1M | -84,893 | Closed |
|
|
PI
6
Putnam Investments
Boston,
Massachusetts
| – | -$15.2M | -17,647 | Closed |
|
|
7
Barclays
London,
United Kingdom
| – | -$10.2M | -11,878 | Closed |
|
|
CWM
8
Calamos Wealth Management
Naperville,
Illinois
| – | -$965K | -1,120 | Closed |
|
|
FHB
9
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$334K | -388 | Closed |
|
|
RMC
10
Resources Management Corp
West Hartford,
Connecticut
| – | -$4K | -5 | Closed |
|
FTV.PRA Hedge Fund Activity: Q3 2020 in Review
2 of the 4,956 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 2020, worth a combined $11.7M — down 95% from $231M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FTV.PRA and 0 opened new positions — a net loss of 7 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Laffer Tengler Investments, adding an estimated $87.4K. The largest seller was Camden Asset Management, exiting entirely with an estimated $119M sold.
- 2 institutional investors held Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A (FTV.PRA) as of Q3 2020, down from 9 in Q2 2020.
- Funds reported $11.7M of Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A stock for Q3 2020, down 95% quarter-over-quarter.
- 0 funds opened new Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A positions in Q3 2020 and 7 closed out, a net change of -7 holders.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2020 was Laffer Tengler Investments, an estimated $87.4K added.
- The largest Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A seller in Q3 2020 was Camden Asset Management, an estimated $119M sold.
Based on aggregated 13F filings for Q3 2020.