Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058
PRS
4 hedge funds and large institutions have $2.95M invested in Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 3 closing their positions.
24% less capital invested
Capital invested by funds: $3.89M → $2.95M (-$938K)
33% less funds holding
Funds holding: 6 → 4 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$518K |
| 2 |
AAM
AR Asset Management
West Hollywood,
California
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
-$1.4M |
| 2 |
RIG
Roosevelt Investment Group
New York
|
-$439K |
| 3 |
VRM
Vectors Research Management
New York
|
-$19K |
PRS Hedge Fund Activity: Q1 2019 in Review
4 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 (PRS) for Q1 2019, worth a combined $2.95M — down 24% from $3.89M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PRS and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $518K. The largest seller was IAT Reinsurance, exiting entirely with an estimated $1.4M sold.
- 4 institutional investors held Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 (PRS) as of Q1 2019, down from 6 in Q4 2018.
- Funds reported $2.95M of Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 stock for Q1 2019, down 24% quarter-over-quarter.
- 1 fund opened new Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 positions in Q1 2019 and 3 closed out, a net change of -2 holders.
- The largest Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 buyer in Q1 2019 was Advisors Asset Management, an estimated $518K added.
- The largest Prudential Financial Inc 5.625% Junior Subordinated Notes due 2058 seller in Q1 2019 was IAT Reinsurance, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2019.