US Bancorp Series B Preferred Stock
USB.PRH
10 hedge funds and large institutions have $14.5M invested in US Bancorp Series B Preferred Stock in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
65% more call options, than puts
Call options by funds: $40.3M | Put options by funds: $24.5M
25% more funds holding
Funds holding: 8 → 10 (+2)
23% more capital invested
Capital invested by funds: $11.8M → $14.5M (+$2.71M)
0.14% more ownership
Funds ownership: 1.52% → 1.66% (+0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$730K |
| 2 |
KCM
Kempner Capital Management
Galveston,
Texas
|
+$362K |
| 3 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
+$294K |
| 4 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$260K |
| 5 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$708K |
| 2 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$104K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TBA
1
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $4.41M | -$104K | -5,086 | -2% |
|
|
WFG
2
Windsor Financial Group
Minneapolis,
Minnesota
| $4.17M | +$294K | +14,375 | +8% |
|
|
LG
3
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.81M | +$131K | +6,417 | +5% |
|
|
TCOV
4
Trust Company of Vermont
Brattleboro,
Vermont
| $1.35M | +$230K | +11,237 | +22% |
|
|
HNB
5
Huntington National Bank
Columbus,
Ohio
| $779K | +$730K | +35,652 | New |
|
|
KCM
6
Kempner Capital Management
Galveston,
Texas
| $387K | +$362K | +17,700 | New |
|
|
AC
7
Addison Capital
Conshohocken,
Pennsylvania
| $295K | – | – | – |
|
|
HCM
8
Hollencrest Capital Management
Newport Beach,
California
| $278K | +$260K | +12,700 | New |
|
|
HCC
9
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $26K | – | – | – |
|
|
PTC
10
Private Trust Company
Cleveland,
Ohio
| $23K | – | – | – |
|
|
11
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$708K | -36,432 | Closed |
|
USB.PRH Hedge Fund Activity: Q1 2014 in Review
10 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q1 2014, worth a combined $14.5M — up 23% from $11.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new USB.PRH positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Huntington National Bank, opening a new position worth an estimated $730K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $708K sold.
- 10 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q1 2014, up from 8 in Q4 2013.
- Funds reported $14.5M of US Bancorp Series B Preferred Stock stock for Q1 2014, up 23% quarter-over-quarter.
- 3 funds opened new US Bancorp Series B Preferred Stock positions in Q1 2014 and 1 closed out, a net change of +2 holders.
- The largest US Bancorp Series B Preferred Stock buyer in Q1 2014 was Huntington National Bank, an estimated $730K added.
- The largest US Bancorp Series B Preferred Stock seller in Q1 2014 was Janney Montgomery Scott, an estimated $708K sold.
Based on aggregated 13F filings for Q1 2014.