Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
PARAP was delisted on the 28th of March, 2024.
4 hedge funds and large institutions have $7.78M invested in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
11% more capital invested
Capital invested by funds: $7M → $7.78M (+$775K)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$3.75M |
| 2 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$1.62M |
| 3 |
KCM
Kempner Capital Management
Galveston,
Texas
|
+$1.02M |
| 4 |
PCG
Private Capital Group
West Hartford,
Connecticut
|
+$3.24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$3.36M |
| 2 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$2.35M |
| 3 |
FCA
FinTrust Capital Advisors
Greenville,
South Carolina
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UIC
1
Uniplan Investment Counsel
Milwaukee,
Wisconsin
| $3.95M | +$3.75M | +53,238 | New |
|
|
KCM
2
Kempner Capital Management
Galveston,
Texas
| $2.13M | +$1.02M | +14,565 | +99% |
|
|
LTI
3
Laffer Tengler Investments
Nashville,
Tennessee
| $1.69M | +$1.62M | +23,095 | New |
|
|
PCG
4
Private Capital Group
West Hartford,
Connecticut
| $4K | +$3.24K | +46 | New |
|
|
5
Marshall Wace
London,
United Kingdom
| – | -$3.36M | -50,000 | Closed |
|
|
FCA
6
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$269K | -40,000 | Closed |
|
|
NAM
7
NewGen Asset Management
Toronto,
Ontario, Canada
| – | -$2.35M | -35,000 | Closed |
|
PARAP Hedge Fund Activity: Q2 2021 in Review
4 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) for Q2 2021, worth a combined $7.78M — up 11% from $7M a quarter earlier.
Fund positioning in PARAP was balanced in Q2 2021: 3 funds opened new positions, 3 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was Uniplan Investment Counsel, opening a new position worth an estimated $3.75M. The largest seller was Marshall Wace, exiting entirely with an estimated $3.36M sold.
- 4 institutional investors held Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $7.78M of Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock stock for Q2 2021, up 11% quarter-over-quarter.
- 3 funds opened new Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock positions in Q2 2021 and 3 closed out, a net change of 0 holders.
- The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock buyer in Q2 2021 was Uniplan Investment Counsel, an estimated $3.75M added.
- The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock seller in Q2 2021 was Marshall Wace, an estimated $3.36M sold.
Based on aggregated 13F filings for Q2 2021.