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PARAP

Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock

Delisted

PARAP was delisted on the 28th of March, 2024.

62 hedge funds and large institutions have $248M invested in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock in 2021 Q4 according to their latest regulatory filings, with 59 funds opening new positions, increasing their positions, 3 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,800% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 1

3,552% more capital invested

Capital invested by funds: $6.79M → $248M (+$241M)

1,450% more funds holding

Funds holding: 462 (+58)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 3

Holders
62
Holders Change
+58
Holders Change %
+1,450%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
59
Increased
Reduced
3
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SI
26
Stephens Inc
Arkansas
$2.27M +$2.61M +45,242 New
CAM
27
Claret Asset Management
Quebec, Canada
$2.26M +$2.59M +44,990 New
Wellington Management Group
28
Wellington Management Group
Massachusetts
$2.16M +$2.48M +43,000 New
PCM
29
Palisade Capital Management
New Jersey
$1.94M +$2.23M +38,697 New
MC
30
Moors & Cabot
Massachusetts
$1.94M +$2.23M +38,645 New
KCM
31
Kempner Capital Management
Texas
$1.42M -$5.07K -88 -0.3%
PGFC
32
Peapack-Gladstone Financial Corp
New Jersey
$1.37M +$1.57M +27,250 New
IFWM
33
Institute for Wealth Management
Colorado
$1.33M +$1.52M +26,470 New
RJFSA
34
Raymond James Financial Services Advisors
Florida
$1.26M +$1.45M +25,167 New
Cambridge Investment Research Advisors
35
Cambridge Investment Research Advisors
Iowa
$1.25M +$1.43M +24,782 New
SWM
36
SeaCrest Wealth Management
New York
$1.14M +$1.3M +22,605 New
PMAM
37
Penn Mutual Asset Management
Pennsylvania
$1.13M +$1.29M +22,430 New
LTI
38
Laffer Tengler Investments
Tennessee
$1.06M -$81.8K -1,420 -6%
TPWM
39
Twelve Points Wealth Management
Massachusetts
$1.01M +$1.16M +20,119 New
AFM
40
Anson Funds Management
Texas
$721K +$827K +14,359 New
GF
41
Gabelli Funds
New York
$647K +$749K +13,000 New
Envestnet Asset Management
42
Envestnet Asset Management
Illinois
$573K +$657K +11,409 New
Bank of America
43
Bank of America
North Carolina
$529K +$606K +10,524 New
Franklin Resources
44
Franklin Resources
California
$384K +$440K +7,640 New
CAN
45
Cetera Advisor Networks
California
$372K +$427K +7,408 New
Stifel Financial
46
Stifel Financial
Missouri
$368K +$421K +7,319 New
Jane Street
47
Jane Street
New York
$353K +$405K +7,034 New
UBS Group
48
UBS Group
Switzerland
$333K +$382K +6,632 New
RJA
49
Raymond James & Associates
Florida
$315K +$361K +6,275 New
OC
50
Oppenheimer & Co
New York
$259K +$297K +5,149 New

PARAP Hedge Fund Activity: Q4 2021 in Review

62 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) for Q4 2021, worth a combined $248M — up 3,552% from $6.79M a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new PARAP positions and 1 closed out — a net gain of 58 holders — while 0 added to existing stakes and 3 trimmed.

The largest buyer was BlackRock, opening a new position worth an estimated $49M. The largest seller was Uniplan Investment Counsel, cutting an estimated $158K.

  • 62 institutional investors held Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) as of Q4 2021, up from 4 in Q3 2021.
  • Funds reported $248M of Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock stock for Q4 2021, up 3,552% quarter-over-quarter.
  • 59 funds opened new Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock positions in Q4 2021 and 1 closed out, a net change of +58 holders.
  • The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock buyer in Q4 2021 was BlackRock, an estimated $49M added.
  • The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock seller in Q4 2021 was Uniplan Investment Counsel, an estimated $158K sold.

Based on aggregated 13F filings for Q4 2021.