Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
SRE.PRB was delisted on the 14th of July, 2021.
5 hedge funds and large institutions have $37.2M invested in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 26 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
83% less funds holding
Funds holding: 30 → 5 (-25)
93% less capital invested
Capital invested by funds: $543M → $37.2M (-$506M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.79M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$149M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$147M |
| 3 |
BlackRock
New York
|
-$41.7M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$41.2M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$24.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Credit Suisse
Zurich,
Switzerland
| – | -$311K | -3,169 | Closed |
|
|
ICA
27
Infrastructure Capital Advisors
New York
| – | -$263K | -2,684 | Closed |
|
|
ACM
28
Advent Capital Management
New York
| – | -$228K | -2,278 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$195K | -1,990 | Closed |
|
|
LC
30
Lindbrook Capital
Calabasas,
California
| – | -$98K | -1,000 | Closed |
|
31
Osaic Holdings
Scottsdale,
Arizona
| – | -$68K | -695 | Closed |
|
SRE.PRB Hedge Fund Activity: Q4 2020 in Review
5 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) for Q4 2020, worth a combined $37.2M — down 93% from $543M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SRE.PRB and 1 opened new positions — a net loss of 25 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Putnam Investments, opening a new position worth an estimated $1.79M. The largest seller was Franklin Resources, exiting entirely with an estimated $149M sold.
- 5 institutional investors held Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) as of Q4 2020, down from 30 in Q3 2020.
- Funds reported $37.2M of Sempra 6.75% Mandatory Convertible Preferred Stock, Series B stock for Q4 2020, down 93% quarter-over-quarter.
- 1 fund opened new Sempra 6.75% Mandatory Convertible Preferred Stock, Series B positions in Q4 2020 and 26 closed out, a net change of -25 holders.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B buyer in Q4 2020 was Putnam Investments, an estimated $1.79M added.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B seller in Q4 2020 was Franklin Resources, an estimated $149M sold.
Based on aggregated 13F filings for Q4 2020.