Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
SRE.PRB was delisted on the 14th of July, 2021.
34 hedge funds and large institutions have $630M invested in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
1% more capital invested
Capital invested by funds: $626M → $630M (+$3.53M)
6% less funds holding
Funds holding: 36 → 34 (-2)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$13.6M |
| 2 |
MA
MUFG Americas
New York
|
+$3.08M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.47M |
| 4 |
Morgan Stanley
New York
|
+$1.44M |
| 5 |
Jane Street
New York
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.5M |
| 2 |
BlackRock
New York
|
-$5.15M |
| 3 |
ACM
Advent Capital Management
New York
|
-$4.78M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$2.16M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| $845K | – | – | – |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| $733K | +$370K | +3,155 | +105% |
|
|
KOCAA
28
Knights of Columbus Asset Advisors
New Haven,
Connecticut
| $350K | – | – | – |
|
|
TA
29
Teton Advisors
Rye,
New York
| $235K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $231K | +$219K | +1,863 | +2,484% |
|
|
LC
31
Lindbrook Capital
Calabasas,
California
| $119K | – | – | – |
|
|
NIMC
32
NWQ Investment Management Company
Los Angeles,
California
| $51K | – | – | – |
|
|
AG
33
Advisor Group
Phoenix,
Arizona
| $37K | -$70.4K | -600 | -66% |
|
|
SPIA
34
Steward Partners Investment Advisory
New York
| $36K | – | – | – |
|
35
Citigroup
New York
| $12K | -$5.87K | -50 | -33% |
|
|
N
36
Nuveen
Charlotte,
North Carolina
| $4K | – | – | – |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
38
Barclays
London,
United Kingdom
| – | -$1.02M | -8,700 | Closed |
|
|
ES
39
Equitec Specialists
Chicago,
Illinois
| – | -$881K | -7,486 | Closed |
|
40
Wellington Management Group
Boston,
Massachusetts
| – | -$213K | -1,811 | Closed |
|
SRE.PRB Hedge Fund Activity: Q4 2019 in Review
34 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) for Q4 2019, worth a combined $630M — up 0.56% from $626M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SRE.PRB and 1 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was ClearBridge Investments, adding an estimated $13.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $11.5M.
- 34 institutional investors held Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) as of Q4 2019, down from 36 in Q3 2019.
- Funds reported $630M of Sempra 6.75% Mandatory Convertible Preferred Stock, Series B stock for Q4 2019, up 0.56% quarter-over-quarter.
- 1 fund opened new Sempra 6.75% Mandatory Convertible Preferred Stock, Series B positions in Q4 2019 and 3 closed out, a net change of -2 holders.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B buyer in Q4 2019 was ClearBridge Investments, an estimated $13.6M added.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B seller in Q4 2019 was T. Rowe Price Associates, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2019.