Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
SRE.PRB was delisted on the 14th of July, 2021.
35 hedge funds and large institutions have $565M invested in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 33 → 35 (+2)
0% less capital invested
Capital invested by funds: $567M → $565M (-$2.49M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$7.91M |
| 2 |
JP Morgan Chase
New York
|
+$3.64M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$2.03M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.53M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$8.07M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$6.37M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.55M |
| 4 |
ACM
Advent Capital Management
New York
|
-$3.17M |
| 5 |
MCM
Moore Capital Management
New York
|
-$2.65M |
SRE.PRB Hedge Fund Activity: Q2 2019 in Review
35 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) for Q2 2019, worth a combined $565M — down 0.44% from $567M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SRE.PRB positions and 4 closed out — a net gain of 2 holders — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Franklin Resources, adding an estimated $7.91M. The largest seller was Oaktree Capital Management, cutting an estimated $8.07M.
- 35 institutional investors held Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) as of Q2 2019, up from 33 in Q1 2019.
- Funds reported $565M of Sempra 6.75% Mandatory Convertible Preferred Stock, Series B stock for Q2 2019, down 0.44% quarter-over-quarter.
- 6 funds opened new Sempra 6.75% Mandatory Convertible Preferred Stock, Series B positions in Q2 2019 and 4 closed out, a net change of +2 holders.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B buyer in Q2 2019 was Franklin Resources, an estimated $7.91M added.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B seller in Q2 2019 was Oaktree Capital Management, an estimated $8.07M sold.
Based on aggregated 13F filings for Q2 2019.