Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
SRE.PRA was delisted on the 14th of January, 2021.
9 hedge funds and large institutions have $196M invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2020 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 50 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
85% less funds holding
Funds holding: 59 → 9 (-50)
88% less capital invested
Capital invested by funds: $1.65B → $196M (-$1.45B)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$9.12M |
| 2 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$14.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$288M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$279M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$162M |
| 4 |
BlackRock
New York
|
-$126M |
| 5 |
D.E. Shaw & Co
New York
|
-$91.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
51
Credit Suisse
Zurich,
Switzerland
| – | -$689K | -7,000 | Closed |
|
|
CII
52
Capital International Inc
Los Angeles,
California
| – | -$628K | -6,382 | Closed |
|
53
Jane Street
New York
| – | -$409K | -4,152 | Closed |
|
54
Wellington Management Group
Boston,
Massachusetts
| – | -$334K | -3,400 | Closed |
|
55
Millennium Management
New York
| – | -$224 | -2,267 | Closed |
|
56
UBS Group
Zurich,
Switzerland
| – | -$71K | -715 | Closed |
|
57
Osaic Holdings
Scottsdale,
Arizona
| – | -$39K | -396 | Closed |
|
|
TFS
58
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$25K | -250 | Closed |
|
59
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$11K | -112 | Closed |
|
SRE.PRA Hedge Fund Activity: Q4 2020 in Review
9 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q4 2020, worth a combined $196M — down 88% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SRE.PRA and 0 opened new positions — a net loss of 50 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Camden Asset Management, adding an estimated $9.12M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $288M sold.
- 9 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q4 2020, down from 59 in Q3 2020.
- Funds reported $196M of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q4 2020, down 88% quarter-over-quarter.
- 0 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q4 2020 and 50 closed out, a net change of -50 holders.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2020 was Camden Asset Management, an estimated $9.12M added.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q4 2020 was T. Rowe Price Associates, an estimated $288M sold.
Based on aggregated 13F filings for Q4 2020.