US Bancorp Series B Preferred Stock
USB.PRH
12 hedge funds and large institutions have $16.9M invested in US Bancorp Series B Preferred Stock in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
170% more call options, than puts
Call options by funds: $36.3M | Put options by funds: $13.4M
20% more funds holding
Funds holding: 10 → 12 (+2)
16% more capital invested
Capital invested by funds: $14.5M → $16.9M (+$2.35M)
0.24% more ownership
Funds ownership: 1.66% → 1.9% (+0.24%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$1.33M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$896K |
| 3 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$261K |
| 4 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
+$1.65K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$285 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Addison Capital
Conshohocken,
Pennsylvania
|
-$295K |
| 2 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
-$64.8K |
| 3 |
HNB
Huntington National Bank
Columbus,
Ohio
|
-$32.9K |
| 4 |
LG
LaFleur & Godfrey
Grand Rapids,
Michigan
|
-$2.19K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TBA
1
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $4.48M | +$1.65K | +75 | +0% |
|
|
WFG
2
Windsor Financial Group
Minneapolis,
Minnesota
| $4.17M | -$64.8K | -2,950 | -2% |
|
|
LG
3
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.85M | -$2.19K | -100 | -0.1% |
|
|
TCOV
4
Trust Company of Vermont
Brattleboro,
Vermont
| $1.64M | +$261K | +11,895 | +19% |
|
|
TAM
5
Tocqueville Asset Management
New York
| $1.35M | +$1.33M | +60,800 | New |
|
|
6
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $906K | +$896K | +40,832 | New |
|
|
HNB
7
Huntington National Bank
Columbus,
Ohio
| $758K | -$32.9K | -1,500 | -4% |
|
|
KCM
8
Kempner Capital Management
Galveston,
Texas
| $393K | – | – | – |
|
|
HCM
9
Hollencrest Capital Management
Newport Beach,
California
| $282K | – | – | – |
|
|
HCC
10
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $26K | – | – | – |
|
|
PTC
11
Private Trust Company
Cleveland,
Ohio
| $23K | – | – | – |
|
|
AC
12
Addison Capital
Conshohocken,
Pennsylvania
| – | -$295K | -13,500 | Closed |
|
|
13
Ameriprise
Minneapolis,
Minnesota
| – | +$285 | +13 | New |
|
USB.PRH Hedge Fund Activity: Q2 2014 in Review
12 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q2 2014, worth a combined $16.9M — up 16% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new USB.PRH positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $1.33M. The largest seller was Addison Capital, exiting entirely with an estimated $295K sold.
- 12 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q2 2014, up from 10 in Q1 2014.
- Funds reported $16.9M of US Bancorp Series B Preferred Stock stock for Q2 2014, up 16% quarter-over-quarter.
- 3 funds opened new US Bancorp Series B Preferred Stock positions in Q2 2014 and 1 closed out, a net change of +2 holders.
- The largest US Bancorp Series B Preferred Stock buyer in Q2 2014 was Tocqueville Asset Management, an estimated $1.33M added.
- The largest US Bancorp Series B Preferred Stock seller in Q2 2014 was Addison Capital, an estimated $295K sold.
Based on aggregated 13F filings for Q2 2014.