Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
SRE.PRB was delisted on the 14th of July, 2021.
33 hedge funds and large institutions have $567M invested in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 5 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
3% more capital invested
Capital invested by funds: $550M → $567M (+$17.1M)
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$9.83M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.84M |
| 3 |
Neuberger Berman Group
New York
|
+$4.04M |
| 4 |
JP Morgan Chase
New York
|
+$3.88M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$15.9M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$11.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$4.21M |
| 4 |
MA
MUFG Americas
New York
|
-$2.25M |
| 5 |
BlackRock
New York
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $538K | +$2.46K | +24 | +0.5% |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| $318K | – | – | – |
|
|
KOCAA
28
Knights of Columbus Asset Advisors
New Haven,
Connecticut
| $313K | – | – | – |
|
29
Wellington Management Group
Boston,
Massachusetts
| $248K | -$113K | -1,106 | -32% |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $109K | +$28.2K | +275 | +37% |
|
|
PCM
31
Prelude Capital Management
New York
| $76K | +$73.8K | +720 | New |
|
|
NIMC
32
NWQ Investment Management Company
Los Angeles,
California
| $39K | – | – | – |
|
33
Citigroup
New York
| $16K | – | – | – |
|
|
N
34
Nuveen
Charlotte,
North Carolina
| $3K | – | – | – |
|
|
GT
35
Glenmede Trust
Philadelphia,
Pennsylvania
| $31 | – | – | – |
|
|
CAM
36
Camden Asset Management
Los Angeles,
California
| – | -$15.9M | -165,937 | Closed |
|
|
MA
37
MUFG Americas
New York
| – | -$2.25M | -23,332 | Closed |
|
38
Jennison Associates
New York
| – | -$1.45M | -15,000 | Closed |
|
39
UBS Group
Zurich,
Switzerland
| – | -$67K | -693 | Closed |
|
40
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$35K | -371 | Closed |
|
SRE.PRB Hedge Fund Activity: Q1 2019 in Review
33 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) for Q1 2019, worth a combined $567M — up 3.1% from $550M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SRE.PRB and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 13 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $9.83M. The largest seller was Camden Asset Management, exiting entirely with an estimated $15.9M sold.
- 33 institutional investors held Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) as of Q1 2019, down from 34 in Q4 2018.
- Funds reported $567M of Sempra 6.75% Mandatory Convertible Preferred Stock, Series B stock for Q1 2019, up 3.1% quarter-over-quarter.
- 4 funds opened new Sempra 6.75% Mandatory Convertible Preferred Stock, Series B positions in Q1 2019 and 5 closed out, a net change of -1 holder.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B buyer in Q1 2019 was Manulife (Manufacturers Life Insurance), an estimated $9.83M added.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B seller in Q1 2019 was Camden Asset Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2019.