INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX)
I.PRA
I.PRA was delisted on the 29th of April, 2016.
20 hedge funds and large institutions have $115M invested in INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 22 → 20 (-2)
19% less capital invested
Capital invested by funds: $142M → $115M (-$26.8M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.13M |
| 3 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$1.73M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$454K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$17.9M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$3.35M |
| 3 |
Citigroup
New York
|
-$3.35M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.37M |
| 5 |
GP
GLG Partners
London,
United Kingdom
|
-$2.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GP
26
GLG Partners
London,
United Kingdom
| – | -$2.28M | -48,728 | Closed |
|
27
Morgan Stanley
New York
| – | -$954K | -20,800 | Closed |
|
|
PTC
28
Private Trust Company
Cleveland,
Ohio
| – | -$1K | -23 | Closed |
|
I.PRA Hedge Fund Activity: Q4 2014 in Review
20 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) (I.PRA) for Q4 2014, worth a combined $115M — down 19% from $142M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of I.PRA and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $10.5M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $17.9M sold.
- 20 institutional investors held INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) (I.PRA) as of Q4 2014, down from 22 in Q3 2014.
- Funds reported $115M of INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) stock for Q4 2014, down 19% quarter-over-quarter.
- 5 funds opened new INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) positions in Q4 2014 and 7 closed out, a net change of -2 holders.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $10.5M added.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) seller in Q4 2014 was JP Morgan Chase, an estimated $17.9M sold.
Based on aggregated 13F filings for Q4 2014.