US Bancorp Series B Preferred Stock
USB.PRH
8 hedge funds and large institutions have $11.8M invested in US Bancorp Series B Preferred Stock in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 0 reducing their positions, and 3 closing their positions.
23% more call options, than puts
Call options by funds: $51.1M | Put options by funds: $41.5M
0.17% less ownership
Funds ownership: 1.69% → 1.52% (-0.17%)
11% less capital invested
Capital invested by funds: $13.2M → $11.8M (-$1.39M)
20% less funds holding
Funds holding: 10 → 8 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
+$721K |
| 2 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
+$113K |
| 3 |
LG
LaFleur & Godfrey
Grand Rapids,
Michigan
|
+$102K |
| 4 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$61.6K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$19.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
-$1.37M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TBA
1
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $4.02M | +$721K | +37,050 | +22% |
|
|
WFG
2
Windsor Financial Group
Minneapolis,
Minnesota
| $3.43M | +$113K | +5,799 | +3% |
|
|
LG
3
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.37M | +$102K | +5,235 | +4% |
|
|
TCOV
4
Trust Company of Vermont
Brattleboro,
Vermont
| $986K | +$61.6K | +3,168 | +7% |
|
|
5
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $708K | +$19.8K | +1,020 | +3% |
|
|
AC
6
Addison Capital
Conshohocken,
Pennsylvania
| $262K | +$263K | +13,500 | New |
|
|
HCC
7
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $23K | – | – | – |
|
|
PTC
8
Private Trust Company
Cleveland,
Ohio
| $20K | – | – | – |
|
|
CNB
9
City National Bank
Beverly Hills,
California
| – | -$1.37M | -70,221 | Closed |
|
|
TAM
10
Tocqueville Asset Management
New York
| – | -$1.26M | -64,800 | Closed |
|
USB.PRH Hedge Fund Activity: Q4 2013 in Review
8 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q4 2013, worth a combined $11.8M — down 11% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of USB.PRH and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 5 added.
The largest buyer was Tower Bridge Advisors, adding an estimated $721K. The largest seller was City National Bank, exiting entirely with an estimated $1.37M sold.
- 8 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q4 2013, down from 10 in Q3 2013.
- Funds reported $11.8M of US Bancorp Series B Preferred Stock stock for Q4 2013, down 11% quarter-over-quarter.
- 1 fund opened new US Bancorp Series B Preferred Stock positions in Q4 2013 and 3 closed out, a net change of -2 holders.
- The largest US Bancorp Series B Preferred Stock buyer in Q4 2013 was Tower Bridge Advisors, an estimated $721K added.
- The largest US Bancorp Series B Preferred Stock seller in Q4 2013 was City National Bank, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2013.