US Bancorp Series B Preferred Stock
USB.PRH
10 hedge funds and large institutions have $13.2M invested in US Bancorp Series B Preferred Stock in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and closing their positions.
60% more call options, than puts
Call options by funds: $51.7M | Put options by funds: $32.4M
25% more funds holding
Funds holding: 8 → 10 (+2)
0.09% more ownership
Funds ownership: 1.6% → 1.69% (+0.09%)
3% less capital invested
Capital invested by funds: $13.6M → $13.2M (-$341K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
+$507K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$464K |
| 3 |
LG
LaFleur & Godfrey
Grand Rapids,
Michigan
|
+$56.8K |
| 4 |
HCC
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
|
+$23.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
-$192K |
| 2 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$57.4K |
| 3 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$23.6K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$20.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WFG
1
Windsor Financial Group
Minneapolis,
Minnesota
| $3.33M | +$507K | +24,750 | +17% |
|
|
TBA
2
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $3.31M | -$57.4K | -2,800 | -2% |
|
|
LG
3
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.28M | +$56.8K | +2,770 | +2% |
|
|
CNB
4
City National Bank
Beverly Hills,
California
| $1.37M | -$192K | -9,356 | -12% |
|
|
TAM
5
Tocqueville Asset Management
New York
| $1.26M | -$20.5K | -1,000 | -2% |
|
|
TCOV
6
Trust Company of Vermont
Brattleboro,
Vermont
| $927K | -$23.6K | -1,150 | -2% |
|
|
7
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $691K | +$464K | +22,650 | +177% |
|
|
HCC
8
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $23K | +$23.8K | +1,159 | New |
|
|
PTC
9
Private Trust Company
Cleveland,
Ohio
| $20K | – | – | – |
|
10
Victory Capital Management
San Antonio,
Texas
| – | +$205 | +10 | New |
|
USB.PRH Hedge Fund Activity: Q3 2013 in Review
10 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q3 2013, worth a combined $13.2M — down 2.5% from $13.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new USB.PRH positions and 0 closed out — a net gain of 2 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Windsor Financial Group, adding an estimated $507K. The largest seller was City National Bank, cutting an estimated $192K.
- 10 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q3 2013, up from 8 in Q2 2013.
- Funds reported $13.2M of US Bancorp Series B Preferred Stock stock for Q3 2013, down 2.5% quarter-over-quarter.
- 2 funds opened new US Bancorp Series B Preferred Stock positions in Q3 2013 and 0 closed out, a net change of +2 holders.
- The largest US Bancorp Series B Preferred Stock buyer in Q3 2013 was Windsor Financial Group, an estimated $507K added.
- The largest US Bancorp Series B Preferred Stock seller in Q3 2013 was City National Bank, an estimated $192K sold.
Based on aggregated 13F filings for Q3 2013.