We are live on ! Find out more
PARAP

Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock

Delisted

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

51 hedge funds and large institutions have $210M invested in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 5451 (-3)

30% less capital invested

Capital invested by funds: $301M → $210M (-$90.8M)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
51
Holders Change
-3
Holders Change %
-5.56%
% of All Funds
0.86%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
18
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PGFC
26
Peapack-Gladstone Financial Corp
New Jersey
$1.32M +$316K +6,875 +26%
SWM
27
SeaCrest Wealth Management
New York
$1.29M +$276K +6,000 +23%
IFWM
28
Institute for Wealth Management
Colorado
$1.22M +$184K +4,000 +15%
WAM
29
Wakefield Asset Management
Colorado
$1.17M +$1.36M +29,493 New
KCM
30
Kempner Capital Management
Texas
$1.13M
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$1.1M +$63.9K +1,390 +5%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$1.02M -$22.9K -498 -2%
LTI
33
Laffer Tengler Investments
Tennessee
$888K +$62.3K +1,355 +6%
NSIM
34
North Star Investment Management
Illinois
$859K -$429K -9,330 -30%
GF
35
Gabelli Funds
New York
$738K +$96.5K +2,100 +13%
Osaic Holdings
36
Osaic Holdings
Arizona
$730K +$748K +16,265 +739%
TPWM
37
Twelve Points Wealth Management
Massachusetts
$596K +$694K +15,098 New
MC
38
Moors & Cabot
Massachusetts
$531K -$78.6K -1,710 -11%
Stifel Financial
39
Stifel Financial
Missouri
$436K +$79.1K +1,720 +18%
OC
40
Oppenheimer & Co
New York
$394K -$7.35K -160 -2%
RJA
41
Raymond James & Associates
Florida
$379K +$30.1K +655 +7%
SI
42
Stephens Inc
Arkansas
$344K -$1.68M -36,465 -81%
CC
43
Claybrook Capital
Massachusetts
$330K
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$276K +$40.1K +873 +14%
Bank of America
45
Bank of America
North Carolina
$247K -$41.4K -900 -13%
PNC Financial Services Group
46
PNC Financial Services Group
Pennsylvania
$197K
Rockefeller Capital Management
47
Rockefeller Capital Management
New York
$108K
UBS Group
48
UBS Group
Switzerland
$107K +$28.5K +621 +30%
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$96K
S
50
SignatureFD
Georgia
$79K

PARAP Hedge Fund Activity: Q2 2022 in Review

51 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) for Q2 2022, worth a combined $210M — down 30% from $301M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PARAP and 6 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 18 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $25.8M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $37.1M sold.

  • 51 institutional investors held Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) as of Q2 2022, down from 54 in Q1 2022.
  • Funds reported $210M of Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock stock for Q2 2022, down 30% quarter-over-quarter.
  • 6 funds opened new Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock positions in Q2 2022 and 9 closed out, a net change of -3 holders.
  • The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock buyer in Q2 2022 was Manulife (Manufacturers Life Insurance), an estimated $25.8M added.
  • The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock seller in Q2 2022 was Lord, Abbett & Co, an estimated $37.1M sold.

Based on aggregated 13F filings for Q2 2022.