T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
TMUSP was delisted on the 15th of December, 2017.
53 hedge funds and large institutions have $1.7B invested in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 4 closing their positions.
4% less funds holding
Funds holding: 55 → 53 (-2)
13% less capital invested
Capital invested by funds: $1.96B → $1.7B (-$260M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$87M |
| 2 |
D.E. Shaw & Co
New York
|
+$10.6M |
| 3 |
BlackRock
New York
|
+$10.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.06M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$83.4M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$63.7M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$39.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$27.7M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $13K | -$17.2K | -162 | -54% |
|
52
Bank of America
Charlotte,
North Carolina
| $5K | -$8.87M | -83,638 | -100% |
|
53
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | +$5.84K | +55 | New |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $3K | – | – | – |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$13.2M | -125,000 | Closed |
|
56
Barclays
London,
United Kingdom
| – | -$2.25M | -21,305 | Closed |
|
|
MSU
57
Mizuho Securities USA
New York
| – | -$1.09M | -10,300 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$8K | -71 | Closed |
|
TMUSP Hedge Fund Activity: Q2 2017 in Review
53 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) for Q2 2017, worth a combined $1.7B — down 13% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TMUSP and 2 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 14 added.
The largest buyer was Kohlberg Kravis Roberts & Co, adding an estimated $87M. The largest seller was SG Americas Securities, cutting an estimated $83.4M.
- 53 institutional investors held T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) as of Q2 2017, down from 55 in Q1 2017.
- Funds reported $1.7B of T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A stock for Q2 2017, down 13% quarter-over-quarter.
- 2 funds opened new T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2017 was Kohlberg Kravis Roberts & Co, an estimated $87M added.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A seller in Q2 2017 was SG Americas Securities, an estimated $83.4M sold.
Based on aggregated 13F filings for Q2 2017.