State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D
STT.PRD
STT.PRD was delisted on the 14th of March, 2024.
6 hedge funds and large institutions have $10.5M invested in State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
84% more capital invested
Capital invested by funds: $5.72M → $10.5M (+$4.79M)
14% less funds holding
Funds holding: 7 → 6 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
+$5.02M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$5.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$109K |
| 2 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$109K |
| 3 |
OA
Operose Advisors
Milwaukee,
Wisconsin
|
-$2K |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
-$501 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
1
IAT Reinsurance
New York
| $5.01M | +$5.02M | +200,000 | New |
|
|
BCWM
2
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $2.72M | -$109K | -4,326 | -4% |
|
|
BC
3
Bartlett & Co
Cincinnati,
Ohio
| $2.72M | -$109K | -4,326 | -4% |
|
|
4
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $36.7K | +$5.29K | +211 | +17% |
|
|
ACA
5
Atlas Capital Advisors
Jackson,
Wyoming
| $25K | – | – | – |
|
|
BWAM
6
Boyd Watterson Asset Management
Cleveland,
Ohio
| $3.76K | – | – | – |
|
|
OA
7
Operose Advisors
Milwaukee,
Wisconsin
| – | -$2K | -80 | Closed |
|
|
OP
8
ORG Partners
Roanoke,
Indiana
| – | -$501 | -20 | Closed |
|
STT.PRD Hedge Fund Activity: Q4 2023 in Review
6 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (STT.PRD) for Q4 2023, worth a combined $10.5M — up 84% from $5.72M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of STT.PRD and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was IAT Reinsurance, opening a new position worth an estimated $5.02M. The largest seller was Bartlett & Co, cutting an estimated $109K.
- 6 institutional investors held State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (STT.PRD) as of Q4 2023, down from 7 in Q3 2023.
- Funds reported $10.5M of State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D stock for Q4 2023, up 84% quarter-over-quarter.
- 1 fund opened new State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D positions in Q4 2023 and 2 closed out, a net change of -1 holder.
- The largest State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D buyer in Q4 2023 was IAT Reinsurance, an estimated $5.02M added.
- The largest State Street Corporation Depository Shares, each representing a 1/4000th ownership interest in a share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D seller in Q4 2023 was Bartlett & Co, an estimated $109K sold.
Based on aggregated 13F filings for Q4 2023.