GOODYEAR TIRE & RUBR CO PFD CONV (OH)
GT.PRA
GT.PRA was delisted on the 17th of December, 2012.
40 hedge funds and large institutions have $608M invested in GOODYEAR TIRE & RUBR CO PFD CONV (OH) in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more capital invested
Capital invested by funds: $470M → $608M (+$138M)
11% less funds holding
Funds holding: 45 → 40 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
Top Sellers
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$37.9M |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$33.1M |
| 3 |
JP Morgan Chase
New York
|
-$30.6M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$28.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$18.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
LPL Financial
San Diego,
California
| – | -$562K | -8,412 | Closed |
|
52
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$491K | -7,350 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$19K | -277 | Closed |
|
GT.PRA Hedge Fund Activity: Q1 2014 in Review
40 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in GOODYEAR TIRE & RUBR CO PFD CONV (OH) (GT.PRA) for Q1 2014, worth a combined $608M — up 29% from $470M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of GT.PRA and 7 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 8 added.
The largest buyer was Kohlberg Kravis Roberts & Co, opening a new position worth an estimated $187M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $37.9M sold.
- 40 institutional investors held GOODYEAR TIRE & RUBR CO PFD CONV (OH) (GT.PRA) as of Q1 2014, down from 45 in Q4 2013.
- Funds reported $608M of GOODYEAR TIRE & RUBR CO PFD CONV (OH) stock for Q1 2014, up 29% quarter-over-quarter.
- 7 funds opened new GOODYEAR TIRE & RUBR CO PFD CONV (OH) positions in Q1 2014 and 12 closed out, a net change of -5 holders.
- The largest GOODYEAR TIRE & RUBR CO PFD CONV (OH) buyer in Q1 2014 was Kohlberg Kravis Roberts & Co, an estimated $187M added.
- The largest GOODYEAR TIRE & RUBR CO PFD CONV (OH) seller in Q1 2014 was BlackRock Fund Advisors, an estimated $37.9M sold.
Based on aggregated 13F filings for Q1 2014.