PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X
PSB.PRX
PSB.PRX was delisted on the 13th of January, 2023.
3 hedge funds and large institutions have $1.75M invested in PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X in 2017 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
30% less capital invested
Capital invested by funds: $2.5M → $1.75M (-$747K)
40% less funds holding
Funds holding: 5 → 3 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
-$758K |
| 2 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$253K |
PSB.PRX Hedge Fund Activity: Q4 2017 in Review
3 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X (PSB.PRX) for Q4 2017, worth a combined $1.75M — down 30% from $2.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PSB.PRX and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $263K. The largest seller was IAT Reinsurance, exiting entirely with an estimated $758K sold.
- 3 institutional investors held PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X (PSB.PRX) as of Q4 2017, down from 5 in Q3 2017.
- Funds reported $1.75M of PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X stock for Q4 2017, down 30% quarter-over-quarter.
- 0 funds opened new PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X positions in Q4 2017 and 2 closed out, a net change of -2 holders.
- The largest PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X buyer in Q4 2017 was Parametric Portfolio Associates, an estimated $263K added.
- The largest PS Business Parks, Inc. Depositary Shares Each Representing 1/1,000 of a Share of 5.25 Percent Cumulative Preferred Stock, Series X seller in Q4 2017 was IAT Reinsurance, an estimated $758K sold.
Based on aggregated 13F filings for Q4 2017.