US Bancorp Series B Preferred Stock
USB.PRH
11 hedge funds and large institutions have $15.8M invested in US Bancorp Series B Preferred Stock in 2014 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
238% more call options, than puts
Call options by funds: $53.1M | Put options by funds: $15.7M
0.11% less ownership
Funds ownership: 1.9% → 1.79% (-0.11%)
6% less capital invested
Capital invested by funds: $16.9M → $15.8M (-$1.08M)
8% less funds holding
Funds holding: 12 → 11 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$264K |
| 2 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$200K |
| 3 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
+$63.5K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$287 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$1.35M |
| 2 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$158K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TBA
1
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $4.29M | -$158K | -7,165 | -4% |
|
|
WFG
2
Windsor Financial Group
Minneapolis,
Minnesota
| $4.21M | +$63.5K | +2,875 | +2% |
|
|
LG
3
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.83M | – | – | – |
|
|
TCOV
4
Trust Company of Vermont
Brattleboro,
Vermont
| $1.83M | +$200K | +9,067 | +12% |
|
|
5
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $1.16M | +$264K | +11,950 | +29% |
|
|
HNB
6
Huntington National Bank
Columbus,
Ohio
| $753K | – | – | – |
|
|
KCM
7
Kempner Capital Management
Galveston,
Texas
| $390K | – | – | – |
|
|
HCM
8
Hollencrest Capital Management
Newport Beach,
California
| $280K | – | – | – |
|
|
HCC
9
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $26K | – | – | – |
|
|
PTC
10
Private Trust Company
Cleveland,
Ohio
| $23K | – | – | – |
|
|
11
Ameriprise
Minneapolis,
Minnesota
| $1K | +$287 | +13 | +100% |
|
|
TAM
12
Tocqueville Asset Management
New York
| – | -$1.35M | -60,800 | Closed |
|
USB.PRH Hedge Fund Activity: Q3 2014 in Review
11 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q3 2014, worth a combined $15.8M — down 6.4% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of USB.PRH and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Janney Montgomery Scott, adding an estimated $264K. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $1.35M sold.
- 11 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q3 2014, down from 12 in Q2 2014.
- Funds reported $15.8M of US Bancorp Series B Preferred Stock stock for Q3 2014, down 6.4% quarter-over-quarter.
- 0 funds opened new US Bancorp Series B Preferred Stock positions in Q3 2014 and 1 closed out, a net change of -1 holder.
- The largest US Bancorp Series B Preferred Stock buyer in Q3 2014 was Janney Montgomery Scott, an estimated $264K added.
- The largest US Bancorp Series B Preferred Stock seller in Q3 2014 was Tocqueville Asset Management, an estimated $1.35M sold.
Based on aggregated 13F filings for Q3 2014.