Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
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.
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: 4 → 62 (+58)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$49M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$47.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.9M |
| 4 |
ClearBridge Investments
New York
|
+$17.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$158K |
| 2 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$81.8K |
| 3 |
KCM
Kempner Capital Management
Galveston,
Texas
|
-$5.07K |
| 4 |
PCG
Private Capital Group
West Hartford,
Connecticut
|
-$3K |
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.