Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
SRE.PRA was delisted on the 14th of January, 2021.
57 hedge funds and large institutions have $1.63B invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
8% more funds holding
Funds holding: 53 → 57 (+4)
4% less capital invested
Capital invested by funds: $1.7B → $1.63B (-$63M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$173M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$24.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$22.5M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$17.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$133M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$41.9M |
| 3 |
Janus Henderson Group
London,
|
-$16.2M |
| 4 |
Citigroup
New York
|
-$15.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$14.8M |
SRE.PRA Hedge Fund Activity: Q2 2018 in Review
57 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q2 2018, worth a combined $1.63B — down 3.7% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SRE.PRA positions and 6 closed out — a net gain of 4 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $173M. The largest seller was T. Rowe Price Associates, cutting an estimated $133M.
- 57 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q2 2018, up from 53 in Q1 2018.
- Funds reported $1.63B of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q2 2018, down 3.7% quarter-over-quarter.
- 10 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q2 2018 and 6 closed out, a net change of +4 holders.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2018 was BlackRock, an estimated $173M added.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q2 2018 was T. Rowe Price Associates, an estimated $133M sold.
Based on aggregated 13F filings for Q2 2018.