Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D
NAV.PRD
NAV.PRD was delisted on the 23rd of June, 2021.
6 hedge funds and large institutions have $14.9M invested in Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
39% more capital invested
Capital invested by funds: $10.7M → $14.9M (+$4.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$3.28M |
| 2 |
SAM
Sandbar Asset Management
London,
United Kingdom
|
+$1.02M |
| 3 |
WIC
Water Island Capital
New York
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLCMU
Kite Lake Capital Management (UK)
London,
United Kingdom
|
-$6.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WBC
1
Westpac Banking Corp
Sydney,
Australia
| $6.41M | +$3.28M | +147,205 | New |
|
|
SCM
2
Stanley Capital Management
Houston,
Texas
| $6.18M | – | – | – |
|
|
SAM
3
Sandbar Asset Management
London,
United Kingdom
| $2M | +$1.02M | +45,841 | New |
|
|
WIC
4
Water Island Capital
New York
| $261K | +$134K | +6,000 | New |
|
5
Morgan Stanley
New York
| $24K | – | – | – |
|
6
UBS Group
Zurich,
Switzerland
| $1K | – | – | – |
|
|
KLCMU
7
Kite Lake Capital Management (UK)
London,
United Kingdom
| – | -$6.65M | -235,800 | Closed |
|
NAV.PRD Hedge Fund Activity: Q3 2020 in Review
6 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D (NAV.PRD) for Q3 2020, worth a combined $14.9M — up 39% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NAV.PRD positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Westpac Banking Corp, opening a new position worth an estimated $3.28M. The largest seller was Kite Lake Capital Management (UK), exiting entirely with an estimated $6.65M sold.
- 6 institutional investors held Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D (NAV.PRD) as of Q3 2020, up from 4 in Q2 2020.
- Funds reported $14.9M of Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D stock for Q3 2020, up 39% quarter-over-quarter.
- 3 funds opened new Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D positions in Q3 2020 and 1 closed out, a net change of +2 holders.
- The largest Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D buyer in Q3 2020 was Westpac Banking Corp, an estimated $3.28M added.
- The largest Navistar International Corporation Cumulative Convertible Junior Preference Stock, Series D seller in Q3 2020 was Kite Lake Capital Management (UK), an estimated $6.65M sold.
Based on aggregated 13F filings for Q3 2020.