INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX)
I.PRA
I.PRA was delisted on the 29th of April, 2016.
14 hedge funds and large institutions have $20M invested in INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
8% more funds holding
Funds holding: 13 → 14 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
35% less capital invested
Capital invested by funds: $30.9M → $20M (-$11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.08M |
| 2 |
Citigroup
New York
|
+$1.23M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$575K |
| 4 |
Morgan Stanley
New York
|
+$571K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$4.81M |
| 2 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$1.05M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$377K |
| 4 |
Millennium Management
New York
|
-$133K |
I.PRA Hedge Fund Activity: Q1 2016 in Review
14 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 2016, worth a combined $20M — down 35% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new I.PRA positions and 3 closed out — a net gain of 1 holder — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $3.08M. The largest seller was Calamos Advisors, exiting entirely with an estimated $4.81M sold.
- 14 institutional investors held INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) (I.PRA) as of Q1 2016, up from 13 in Q4 2015.
- Funds reported $20M of INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) stock for Q1 2016, down 35% quarter-over-quarter.
- 4 funds opened new INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) positions in Q1 2016 and 3 closed out, a net change of +1 holder.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) buyer in Q1 2016 was Weiss Asset Management, an estimated $3.08M added.
- The largest INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX) seller in Q1 2016 was Calamos Advisors, an estimated $4.81M sold.
Based on aggregated 13F filings for Q1 2016.