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.

54 hedge funds and large institutions have $301M invested in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more capital invested

Capital invested by funds: $248M → $301M (+$53.1M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

13% less funds holding

Funds holding: 6254 (-8)

24% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 25

67% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 12

Holders
54
Holders Change
-8
Holders Change %
-12.9%
% of All Funds
0.85%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
19
Reduced
25
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$44.3M -$3M -53,203 -6%
Lord, Abbett & Co
2
Lord, Abbett & Co
New Jersey
$37.1M +$18.2M +322,199 +93%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$35.6M -$10.2M -180,000 -22%
ClearBridge Investments
4
ClearBridge Investments
New York
$16.2M -$913K -16,181 -5%
Mirae Asset Global Investments
5
Mirae Asset Global Investments
South Korea
$12.3M -$60.2K -1,067 -0.5%
LM
6
Lasry Marc
$11.9M
OCM
7
Osterweis Capital Management
California
$11.1M
Morgan Stanley
8
Morgan Stanley
New York
$11.1M -$1.36M -24,073 -11%
State Street
9
State Street
Massachusetts
$9.79M -$3.33M -59,000 -25%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$9.42M
ACM
11
Advent Capital Management
New York
$7.91M -$4.6M -81,438 -37%
Thrivent Financial for Lutherans
12
Thrivent Financial for Lutherans
Minnesota
$7.07M
Neuberger Berman Group
13
Neuberger Berman Group
New York
$7.03M -$84.7K -1,500 -1%
Wells Fargo
14
Wells Fargo
California
$6.86M +$2.12M +37,616 +44%
KPWS
15
Kestra Private Wealth Services
Texas
$6.72M +$341K +6,035 +5%
AWCI
16
Alpine Woods Capital Investors
New York
$6.43M +$12.4K +220 +0.2%
VanEck Associates
17
VanEck Associates
New York
$6.3M -$359K -6,360 -5%
GIP
18
Greatmark Investment Partners
Georgia
$6.21M +$990K +17,530 +19%
JG
19
Jefferies Group
New York
$5.61M +$1.81M +32,142 +47%
JP Morgan Chase
20
JP Morgan Chase
New York
$5.14M -$349K -6,174 -6%
Invesco
21
Invesco
Georgia
$4.99M
PCM
22
Palisade Capital Management
New Jersey
$3.47M +$1.34M +23,712 +61%
SI
23
Stephens Inc
Arkansas
$2.51M -$3.5K -62 -0.1%
CAM
24
Claret Asset Management
Quebec, Canada
$2.42M -$76.6K -1,357 -3%
NIP
25
Nicholas Investment Partners
California
$2.05M

PARAP Hedge Fund Activity: Q1 2022 in Review

54 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) for Q1 2022, worth a combined $301M — up 21% from $248M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PARAP and 4 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 19 added.

The largest buyer was Lord, Abbett & Co, adding an estimated $18.2M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $10.2M.

  • 54 institutional investors held Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock (PARAP) as of Q1 2022, down from 62 in Q4 2021.
  • Funds reported $301M of Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock stock for Q1 2022, up 21% quarter-over-quarter.
  • 4 funds opened new Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock positions in Q1 2022 and 12 closed out, a net change of -8 holders.
  • The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock buyer in Q1 2022 was Lord, Abbett & Co, an estimated $18.2M added.
  • The largest Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock seller in Q1 2022 was Manulife (Manufacturers Life Insurance), an estimated $10.2M sold.

Based on aggregated 13F filings for Q1 2022.