Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
SABRP
SABRP was delisted on the 31st of August, 2023.
27 hedge funds and large institutions have $186M invested in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
23% less capital invested
Capital invested by funds: $242M → $186M (-$55.8M)
Top Buyers
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.8M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$4.47M |
| 3 |
Two Sigma Investments
New York
|
+$4.46M |
| 4 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$4.38M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$4.24M |
Top Sellers
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$36.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.34M |
| 4 |
Morgan Stanley
New York
|
-$2.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
|
27
HSBC Holdings
London,
United Kingdom
| – | -$36.4M | -447,759 | Closed |
|
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$12M | -150,200 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | +$89 | +1 | New |
|
SABRP Hedge Fund Activity: Q3 2022 in Review
27 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) for Q3 2022, worth a combined $186M — down 23% from $242M a quarter earlier.
Fund positioning in SABRP was balanced in Q3 2022: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 8 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $5.8M. The largest seller was HSBC Holdings, exiting entirely with an estimated $36.4M sold.
- 27 institutional investors held Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $186M of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock stock for Q3 2022, down 23% quarter-over-quarter.
- 2 funds opened new Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock positions in Q3 2022 and 2 closed out, a net change of 0 holders.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock buyer in Q3 2022 was Weiss Asset Management, an estimated $5.8M added.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock seller in Q3 2022 was HSBC Holdings, an estimated $36.4M sold.
Based on aggregated 13F filings for Q3 2022.