Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
SRE.PRB was delisted on the 14th of July, 2021.
30 hedge funds and large institutions have $543M invested in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3% less capital invested
Capital invested by funds: $559M → $543M (-$15.9M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$10.3M |
| 2 |
Lazard Asset Management
New York
|
+$2.81M |
| 3 |
Jane Street
New York
|
+$1.07M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$850K |
| 5 |
BlackRock
New York
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.9M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.46M |
| 4 |
JP Morgan Chase
New York
|
-$1.33M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICA
26
Infrastructure Capital Advisors
New York
| $263K | +$275K | +2,684 | New |
|
|
ACM
27
Advent Capital Management
New York
| $228K | -$3.59K | -35 | -2% |
|
28
Bank of America
Charlotte,
North Carolina
| $195K | -$4.41K | -43 | -2% |
|
|
LC
29
Lindbrook Capital
Calabasas,
California
| $98K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $81K | – | – | – |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $68K | – | – | – |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $37K | – | – | – |
|
|
N
33
Nuveen
Charlotte,
North Carolina
| $25K | – | – | – |
|
|
34
D.E. Shaw & Co
New York
| – | -$2.46M | -25,000 | Closed |
|
35
Citigroup
New York
| – | -$138K | -1,405 | Closed |
|
SRE.PRB Hedge Fund Activity: Q3 2020 in Review
30 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) for Q3 2020, worth a combined $543M — down 2.8% from $559M a quarter earlier.
Fund positioning in SRE.PRB was balanced in Q3 2020: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 12 trimmed.
The largest buyer was Franklin Resources, adding an estimated $10.3M. The largest seller was Neuberger Berman Group, cutting an estimated $8M.
- 30 institutional investors held Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $543M of Sempra 6.75% Mandatory Convertible Preferred Stock, Series B stock for Q3 2020, down 2.8% quarter-over-quarter.
- 2 funds opened new Sempra 6.75% Mandatory Convertible Preferred Stock, Series B positions in Q3 2020 and 2 closed out, a net change of 0 holders.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B buyer in Q3 2020 was Franklin Resources, an estimated $10.3M added.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B seller in Q3 2020 was Neuberger Berman Group, an estimated $8M sold.
Based on aggregated 13F filings for Q3 2020.