Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
SABRP
SABRP was delisted on the 31st of August, 2023.
28 hedge funds and large institutions have $442M invested in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.
39% more capital invested
Capital invested by funds: $319M → $442M (+$123M)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
3% less funds holding
Funds holding: 29 → 28 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| 1 |
Two Sigma Investments
New York
|
+$13.8M |
| 2 |
SM
Skaana Management
Brooklyn,
New York
|
+$10.3M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$9.67M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$8.76M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.15M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.8M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$7.86M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.77M |
| 4 |
BlackRock
New York
|
-$2.83M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Warberg Asset Management
Winnetka,
Illinois
| $763K | -$912K | -7,122 | -58% |
|
27
Fidelity Investments
Boston,
Massachusetts
| $538K | – | – | – |
|
28
Hudson Bay Capital Management
Stamford,
Connecticut
| $515K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $21K | +$18.3K | +143 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | – | – | – |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$25.8M | -225,000 | Closed |
|
|
AGC
32
Angelo Gordon & Co
New York
| – | -$7.86M | -68,600 | Closed |
|
|
ACM
33
Advent Capital Management
New York
| – | -$805K | -7,015 | Closed |
|
SABRP Hedge Fund Activity: Q1 2022 in Review
28 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) for Q1 2022, worth a combined $442M — up 39% from $319M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SABRP and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was Two Sigma Investments, adding an estimated $13.8M. The largest seller was Citadel Advisors, exiting entirely with an estimated $25.8M sold.
- 28 institutional investors held Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) as of Q1 2022, down from 29 in Q4 2021.
- Funds reported $442M of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock stock for Q1 2022, up 39% quarter-over-quarter.
- 2 funds opened new Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock positions in Q1 2022 and 3 closed out, a net change of -1 holder.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock buyer in Q1 2022 was Two Sigma Investments, an estimated $13.8M added.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock seller in Q1 2022 was Citadel Advisors, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2022.