Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
SABRP
SABRP was delisted on the 31st of August, 2023.
22 hedge funds and large institutions have $207M invested in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 8 closing their positions.
11% more capital invested
Capital invested by funds: $186M → $207M (+$20.5M)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
19% less funds holding
Funds holding: 27 → 22 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
Top Sellers
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$11.3M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.55M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$3.53M |
| 4 |
Jane Street
New York
|
-$3.36M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$2.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
BlueCrest Capital Management
St Helier,
Jersey
| – | -$3.53M | -49,459 | Closed |
|
|
27
Jane Street
New York
| – | -$3.36M | -47,046 | Closed |
|
28
Fidelity Investments
Boston,
Massachusetts
| – | -$265K | -3,700 | Closed |
|
29
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$253K | -3,530 | Closed |
|
30
Bank of America
Charlotte,
North Carolina
| – | -$141K | -1,980 | Closed |
|
SABRP Hedge Fund Activity: Q4 2022 in Review
22 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) for Q4 2022, worth a combined $207M — up 11% from $186M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SABRP and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $72.2M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $11.3M.
- 22 institutional investors held Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) as of Q4 2022, down from 27 in Q3 2022.
- Funds reported $207M of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock stock for Q4 2022, up 11% quarter-over-quarter.
- 3 funds opened new Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock positions in Q4 2022 and 8 closed out, a net change of -5 holders.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock buyer in Q4 2022 was Russell Investments Group, an estimated $72.2M added.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock seller in Q4 2022 was Manulife (Manufacturers Life Insurance), an estimated $11.3M sold.
Based on aggregated 13F filings for Q4 2022.