INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX)
I.PRA
I.PRA was delisted on the 29th of April, 2016.
13 hedge funds and large institutions have $30.9M invested in INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less funds holding
Funds holding: 16 → 13 (-3)
40% less capital invested
Capital invested by funds: $51.4M → $30.9M (-$20.5M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.36M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.01M |
| 3 |
Citigroup
New York
|
+$959K |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$882K |
| 5 |
D.E. Shaw & Co
New York
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$6.72M |
| 2 |
Goldman Sachs
New York
|
-$1.43M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$377K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$314K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$148K |
I.PRA Hedge Fund Activity: Q4 2015 in Review
13 of the 3,824 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 2015, worth a combined $30.9M — down 40% from $51.4M 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 2 trimmed existing stakes and 5 added.
The largest buyer was CSS LLC, adding an estimated $1.36M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $6.72M sold.
- 13 institutional investors held INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) (I.PRA) as of Q4 2015, down from 16 in Q3 2015.
- Funds reported $30.9M of INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) stock for Q4 2015, down 40% quarter-over-quarter.
- 2 funds opened new INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) positions in Q4 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 Q4 2015 was CSS LLC, an estimated $1.36M added.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) seller in Q4 2015 was BlackRock Fund Advisors, an estimated $6.72M sold.
Based on aggregated 13F filings for Q4 2015.