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SRE.PRA

Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A

Delisted

SRE.PRA was delisted on the 14th of January, 2021.

60 hedge funds and large institutions have $2B invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $1.9B → $2B (+$98.1M)

6% less funds holding

Funds holding: 6460 (-4)

14% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 22

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
60
Holders Change
-4
Holders Change %
-6.25%
% of All Funds
1.32%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
6
Increased
19
Reduced
22
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
26
Wolverine Asset Management
Illinois
$13.7M -$3.25M -28,456 -20%
ClearBridge Investments
27
ClearBridge Investments
New York
$13.7M -$533K -4,665 -4%
Barclays
28
Barclays
United Kingdom
$12.8M +$8.29M +72,627 +203%
Bank of America
29
Bank of America
North Carolina
$10.7M -$1.72M -15,048 -14%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$7.75M
Mirae Asset Global Investments
31
Mirae Asset Global Investments
South Korea
$6.8M +$2.37M +20,733 +56%
Morgan Stanley
32
Morgan Stanley
New York
$6.59M -$9.25M -80,961 -59%
AA
33
AQR Arbitrage
Connecticut
$6.41M -$6.63M -58,025 -52%
CCM
34
Cutler Capital Management
Massachusetts
$5.35M -$2.3M -20,141 -31%
JG
35
Jefferies Group
New York
$4.63M +$4.48M +39,206 New
CBT
36
Capital Bank & Trust
California
$4.52M +$355K +3,106 +9%
PCM
37
Palisade Capital Management
New Jersey
$4.12M +$1.94M +17,000 +95%
SEI Investments
38
SEI Investments
Pennsylvania
$3.48M -$240K -2,100 -7%
LTI
39
Laffer Tengler Investments
Tennessee
$2.89M +$18.6K +163 +0.7%
JP Morgan Chase
40
JP Morgan Chase
New York
$2.64M
KKRC
41
Kohlberg Kravis Roberts & Co
New York
$2.36M +$2.28M +20,000 New
CM
42
CS McKee
Pennsylvania
$2.01M
CI
43
Capital International
California
$1.99M +$937K +8,200 +95%
GF
44
Gabelli Funds
New York
$1.88M
KOCAA
45
Knights of Columbus Asset Advisors
Connecticut
$1.46M
OFG
46
OTA Financial Group
New York
$1.39M +$1.34M +11,726 New
Bank of Nova Scotia
47
Bank of Nova Scotia
Ontario, Canada
$1.26M
CIS
48
Capital International Sarl
California
$1.2M +$52K +455 +5%
CWM
49
Calamos Wealth Management
Illinois
$1.09M -$22.6K -198 -2%
CS
50
Credit Suisse
Switzerland
$827K

SRE.PRA Hedge Fund Activity: Q3 2019 in Review

60 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q3 2019, worth a combined $2B — up 5.2% from $1.9B a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SRE.PRA and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 19 added.

The largest buyer was Two Sigma Securities, opening a new position worth an estimated $21.8M. The largest seller was SG Americas Securities, exiting entirely with an estimated $60M sold.

  • 60 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q3 2019, down from 64 in Q2 2019.
  • Funds reported $2B of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q3 2019, up 5.2% quarter-over-quarter.
  • 6 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q3 2019 and 9 closed out, a net change of -3 holders.
  • The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2019 was Two Sigma Securities, an estimated $21.8M added.
  • The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q3 2019 was SG Americas Securities, an estimated $60M sold.

Based on aggregated 13F filings for Q3 2019.