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 $1.62B invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 57 → 59 (+2)
5% less capital invested
Capital invested by funds: $1.71B → $1.62B (-$89M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$33.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$25.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$15.1M |
| 4 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$13.2M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$7.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$22.1M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$18M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$15.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$13M |
| 5 |
State Street
Boston,
Massachusetts
|
-$10.2M |
SRE.PRA Hedge Fund Activity: Q4 2018 in Review
59 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q4 2018, worth a combined $1.62B — down 5.2% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SRE.PRA positions and 7 closed out — a net gain of 2 holders — while 14 added to existing stakes and 22 trimmed.
The largest buyer was Capital International Investors, adding an estimated $33.1M. The largest seller was BlackRock, cutting an estimated $22.1M.
- 59 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q4 2018, up from 57 in Q3 2018.
- Funds reported $1.62B of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q4 2018, down 5.2% quarter-over-quarter.
- 9 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q4 2018 and 7 closed out, a net change of +2 holders.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2018 was Capital International Investors, an estimated $33.1M added.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q4 2018 was BlackRock, an estimated $22.1M sold.
Based on aggregated 13F filings for Q4 2018.