Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
SABRP
SABRP was delisted on the 31st of August, 2023.
17 hedge funds and large institutions have $101M invested in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
15% less funds holding
Funds holding: 20 → 17 (-3)
33% less capital invested
Capital invested by funds: $151M → $101M (-$50M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$6.2M |
| 2 |
BlackRock
New York
|
+$1.27M |
| 3 |
VanEck Associates
New York
|
+$924K |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$805K |
| 5 |
SM
Skaana Management
Brooklyn,
New York
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$36.3M |
| 2 |
Two Sigma Investments
New York
|
-$13M |
| 3 |
Walleye Capital
New York
|
-$2.44M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.15M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$462K |
SABRP Hedge Fund Activity: Q2 2023 in Review
17 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) for Q2 2023, worth a combined $101M — down 33% from $151M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SABRP and 1 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was CSS LLC, opening a new position worth an estimated $6.2M. The largest seller was Russell Investments Group, cutting an estimated $36.3M.
- 17 institutional investors held Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) as of Q2 2023, down from 20 in Q1 2023.
- Funds reported $101M of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock stock for Q2 2023, down 33% quarter-over-quarter.
- 1 fund opened new Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock positions in Q2 2023 and 4 closed out, a net change of -3 holders.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock buyer in Q2 2023 was CSS LLC, an estimated $6.2M added.
- The largest Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock seller in Q2 2023 was Russell Investments Group, an estimated $36.3M sold.
Based on aggregated 13F filings for Q2 2023.