MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450%
MER.PRM
MER.PRM was delisted on the 13th of July, 2016.
6 hedge funds and large institutions have $1.55M invested in MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% in 2014 Q1 according to their latest regulatory filings, with funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
9% less capital invested
Capital invested by funds: $1.71M → $1.55M (-$156K)
25% less funds holding
Funds holding: 8 → 6 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$15.4K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$204K |
| 2 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
-$6.26K |
| 3 |
BAM
Banta Asset Management
Newport Beach,
California
|
-$2.5K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
1
Cobiz Wealth
Denver,
Colorado
| $502K | – | – | – |
|
|
PPA
2
Parametric Portfolio Associates
Seattle,
Washington
| $476K | +$15.4K | +614 | +3% |
|
|
BAM
3
Banta Asset Management
Newport Beach,
California
| $307K | -$2.5K | -100 | -0.8% |
|
|
TCOV
4
Trust Company of Vermont
Brattleboro,
Vermont
| $101K | – | – | – |
|
|
HCM
5
Highlander Capital Management
Short Hills,
New Jersey
| $95.6K | -$6.26K | -250 | -6% |
|
|
6
Ameriprise
Minneapolis,
Minnesota
| $70K | +$9.59K | +383 | +16% |
|
|
7
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$204K | -8,277 | Closed |
|
|
CFA
8
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$2K | -100 | Closed |
|
MER.PRM Hedge Fund Activity: Q1 2014 in Review
6 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% (MER.PRM) for Q1 2014, worth a combined $1.55M — down 9.1% from $1.71M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MER.PRM and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $15.4K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $204K sold.
- 6 institutional investors held MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% (MER.PRM) as of Q1 2014, down from 8 in Q4 2013.
- Funds reported $1.55M of MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% stock for Q1 2014, down 9.1% quarter-over-quarter.
- 0 funds opened new MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% positions in Q1 2014 and 2 closed out, a net change of -2 holders.
- The largest MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% buyer in Q1 2014 was Parametric Portfolio Associates, an estimated $15.4K added.
- The largest MERRILL LYNCH CAP TRII GUARANTEED TRUST PFD SECS 6.450% seller in Q1 2014 was Janney Montgomery Scott, an estimated $204K sold.
Based on aggregated 13F filings for Q1 2014.