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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
BlackRock
1
BlackRock
New York
$42.7M +$49M +850,755 New
Lord, Abbett & Co
2
Lord, Abbett & Co
New Jersey
$17.4M +$19.9M +346,212 New
ClearBridge Investments
3
ClearBridge Investments
New York
$15.5M +$17.8M +308,388 New
State Street
4
State Street
Massachusetts
$11.6M +$13.5M +235,000 New
Mirae Asset Global Investments
5
Mirae Asset Global Investments
South Korea
$11.1M +$12.8M +221,939 New
ACM
6
Advent Capital Management
New York
$11.1M +$12.8M +222,963 New
Morgan Stanley
7
Morgan Stanley
New York
$11.1M +$12.8M +222,980 New
LM
8
Lasry Marc
$10.8M +$12.4M +214,606 New
OCM
9
Osterweis Capital Management
California
$10M
Fidelity Investments
10
Fidelity Investments
Massachusetts
$8.33M +$9.83M +170,628 New
Neuberger Berman Group
11
Neuberger Berman Group
New York
$6.43M +$7.37M +128,025 New
Thrivent Financial for Lutherans
12
Thrivent Financial for Lutherans
Minnesota
$6.32M +$7.38M +128,130 New
VanEck Associates
13
VanEck Associates
New York
$6.02M +$6.9M +119,826 New
AWCI
14
Alpine Woods Capital Investors
New York
$5.8M +$6.65M +115,530 New
KPWS
15
Kestra Private Wealth Services
Texas
$5.78M +$6.62M +114,999 New
NMIMC
16
Northwestern Mutual Investment Management Company
Wisconsin
$5M +$5.74M +99,610 New
JP Morgan Chase
17
JP Morgan Chase
New York
$4.96M +$5.69M +98,755 New
GIP
18
Greatmark Investment Partners
Georgia
$4.73M +$5.42M +94,165 New
Invesco
19
Invesco
Georgia
$4.51M +$5.17M +89,742 New
Wells Fargo
20
Wells Fargo
California
$4.32M +$4.95M +85,935 New
CCA
21
Castle Creek Arbitrage
Colorado
$3.99M +$4.61M +80,000 New
BSP
22
Benefit Street Partners
New York
$3.63M
JG
23
Jefferies Group
New York
$3.46M +$3.97M +68,856 New
NSIM
24
North Star Investment Management
Illinois
$2.8M +$3.21M +55,818 New
UIC
25
Uniplan Investment Counsel
Wisconsin
$2.53M -$158K -2,739 -5%

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.