Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
SRE.PRA was delisted on the 14th of January, 2021.
56 hedge funds and large institutions have $1.65B invested in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
6% more capital invested
Capital invested by funds: $1.56B → $1.65B (+$92.9M)
11% less funds holding
Funds holding: 63 → 56 (-7)
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$55.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$54.2M |
| 3 |
D.E. Shaw & Co
New York
|
+$46.5M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$23.6M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$32.5M |
| 2 |
Barclays
London,
United Kingdom
|
-$32.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$29M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$24.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.7M |
SRE.PRA Hedge Fund Activity: Q2 2020 in Review
56 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) for Q2 2020, worth a combined $1.65B — up 6% from $1.56B a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SRE.PRA and 2 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Camden Asset Management, adding an estimated $55.1M. The largest seller was Wolverine Asset Management, cutting an estimated $32.5M.
- 56 institutional investors held Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A (SRE.PRA) as of Q2 2020, down from 63 in Q1 2020.
- Funds reported $1.65B of Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A stock for Q2 2020, up 6% quarter-over-quarter.
- 2 funds opened new Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A positions in Q2 2020 and 9 closed out, a net change of -7 holders.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2020 was Camden Asset Management, an estimated $55.1M added.
- The largest Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A seller in Q2 2020 was Wolverine Asset Management, an estimated $32.5M sold.
Based on aggregated 13F filings for Q2 2020.