Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
SRE.PRA was delisted on the 14th of January, 2021.
59 hedge funds and large institutions have $1.65B invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 30 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
5% more funds holding
Funds holding: 56 → 59 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less capital invested
Capital invested by funds: $1.65B → $1.65B (-$1.23M)
63% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$51.7M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$26.9M |
| 3 |
D.E. Shaw & Co
New York
|
+$9.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.08M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$49.9M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$11.5M |
| 3 |
Barclays
London,
United Kingdom
|
-$8.85M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$5.46M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CII
51
Capital International Inc
Los Angeles,
California
| $628K | -$74.5K | -731 | -10% |
|
|
GF
52
Gabelli Funds
Rye,
New York
| $511K | -$1.1M | -10,752 | -68% |
|
53
Jane Street
New York
| $409K | -$350K | -3,439 | -45% |
|
|
TA
54
Teton Advisors
Rye,
New York
| $350K | – | – | – |
|
55
Wellington Management Group
Boston,
Massachusetts
| $334K | – | – | – |
|
|
N
56
Nuveen
Charlotte,
North Carolina
| $101K | – | – | – |
|
57
UBS Group
Zurich,
Switzerland
| $71K | -$122K | -1,201 | -63% |
|
|
CCA
58
Castle Creek Arbitrage
Avon,
Colorado
| $50K | – | – | – |
|
59
Osaic Holdings
Scottsdale,
Arizona
| $39K | -$5.2K | -51 | -11% |
|
|
TFS
60
TrustCore Financial Services
Brentwood,
Tennessee
| $25K | – | – | – |
|
61
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $11K | +$6.73K | +66 | +143% |
|
62
Millennium Management
New York
| $224 | +$231K | +2,267 | New |
|
|
PCM
63
Palisade Capital Management
Fort Lee,
New Jersey
| – | -$5.46M | -55,840 | Closed |
|
|
CI
64
Capital International
Los Angeles,
California
| – | -$319K | -3,259 | Closed |
|
SRE.PRA Hedge Fund Activity: Q3 2020 in Review
59 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q3 2020, worth a combined $1.65B — down 0.07% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SRE.PRA positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 30 trimmed.
The largest buyer was Camden Asset Management, adding an estimated $51.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $49.9M.
- 59 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q3 2020, up from 56 in Q2 2020.
- Funds reported $1.65B of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q3 2020, down 0.07% quarter-over-quarter.
- 6 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q3 2020 and 3 closed out, a net change of +3 holders.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2020 was Camden Asset Management, an estimated $51.7M added.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q3 2020 was T. Rowe Price Associates, an estimated $49.9M sold.
Based on aggregated 13F filings for Q3 2020.