INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX)
I.PRA
I.PRA was delisted on the 29th of April, 2016.
17 hedge funds and large institutions have $82.5M invested in INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 20 → 17 (-3)
28% less capital invested
Capital invested by funds: $115M → $82.5M (-$32.7M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.98M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.84M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.77M |
| 4 |
Citigroup
New York
|
+$2.6M |
| 5 |
Morgan Stanley
New York
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.18M |
| 3 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
-$1.74M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$661K |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$507K |
I.PRA Hedge Fund Activity: Q1 2015 in Review
17 of the 3,754 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 Q1 2015, worth a combined $82.5M — down 28% from $115M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of I.PRA and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Wolverine Asset Management, adding an estimated $5.98M. The largest seller was Wellington Management Group, exiting entirely with an estimated $12.8M sold.
- 17 institutional investors held INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) (I.PRA) as of Q1 2015, down from 20 in Q4 2014.
- Funds reported $82.5M of INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) stock for Q1 2015, down 28% quarter-over-quarter.
- 2 funds opened new INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) positions in Q1 2015 and 5 closed out, a net change of -3 holders.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) buyer in Q1 2015 was Wolverine Asset Management, an estimated $5.98M added.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) seller in Q1 2015 was Wellington Management Group, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2015.