Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
SRE.PRA was delisted on the 14th of January, 2021.
63 hedge funds and large institutions have $1.56B invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% less funds holding
Funds holding: 64 → 63 (-1)
23% less capital invested
Capital invested by funds: $2.02B → $1.56B (-$465M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$68.2M |
| 2 |
Barclays
London,
United Kingdom
|
+$57.1M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$37.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$29.6M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$82.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$68.5M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$17.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$16.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$13.9M |
SRE.PRA Hedge Fund Activity: Q1 2020 in Review
63 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q1 2020, worth a combined $1.56B — down 23% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SRE.PRA positions and 9 closed out — a net gain of 1 holder — while 18 added to existing stakes and 24 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $68.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $82.7M.
- 63 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q1 2020, down from 64 in Q4 2019.
- Funds reported $1.56B of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q1 2020, down 23% quarter-over-quarter.
- 10 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q1 2020 and 9 closed out, a net change of +1 holder.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q1 2020 was Wolverine Asset Management, an estimated $68.2M added.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q1 2020 was T. Rowe Price Associates, an estimated $82.7M sold.
Based on aggregated 13F filings for Q1 2020.