Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
SRE.PRB was delisted on the 14th of July, 2021.
36 hedge funds and large institutions have $626M invested in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $565M → $626M (+$61.7M)
3% more funds holding
Funds holding: 35 → 36 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$7.25M |
| 2 |
JP Morgan Chase
New York
|
+$6.29M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.57M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$2.11M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.25M |
| 2 |
Neuberger Berman Group
New York
|
-$2.69M |
| 3 |
ClearBridge Investments
New York
|
-$2.51M |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$1.27M |
| 5 |
Jane Street
New York
|
-$927K |
SRE.PRB Hedge Fund Activity: Q3 2019 in Review
36 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) for Q3 2019, worth a combined $626M — up 11% from $565M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SRE.PRB positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $7.25M. The largest seller was BlackRock, cutting an estimated $5.25M.
- 36 institutional investors held Sempra 6.75% Mandatory Convertible Preferred Stock, Series B (SRE.PRB) as of Q3 2019, up from 35 in Q2 2019.
- Funds reported $626M of Sempra 6.75% Mandatory Convertible Preferred Stock, Series B stock for Q3 2019, up 11% quarter-over-quarter.
- 4 funds opened new Sempra 6.75% Mandatory Convertible Preferred Stock, Series B positions in Q3 2019 and 3 closed out, a net change of +1 holder.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B buyer in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $7.25M added.
- The largest Sempra 6.75% Mandatory Convertible Preferred Stock, Series B seller in Q3 2019 was BlackRock, an estimated $5.25M sold.
Based on aggregated 13F filings for Q3 2019.