US Bancorp Series B Preferred Stock
USB.PRH
8 hedge funds and large institutions have $16.3M invested in US Bancorp Series B Preferred Stock in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
149% more call options, than puts
Call options by funds: $60.7M | Put options by funds: $24.3M
3% more capital invested
Capital invested by funds: $15.8M → $16.3M (+$521K)
0.05% more ownership
Funds ownership: 1.79% → 1.84% (+0.05%)
27% less funds holding
Funds holding: 11 → 8 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$1.34M |
| 2 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$253K |
| 3 |
LG
LaFleur & Godfrey
Grand Rapids,
Michigan
|
+$95.3K |
| 4 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
+$45.3K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$24.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HNB
Huntington National Bank
Columbus,
Ohio
|
-$753K |
| 2 |
KCM
Kempner Capital Management
Galveston,
Texas
|
-$390K |
| 3 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$150K |
| 4 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$23K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WFG
1
Windsor Financial Group
Minneapolis,
Minnesota
| $4.27M | +$45.3K | +2,050 | +1% |
|
|
TBA
2
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $4.16M | -$150K | -6,800 | -3% |
|
|
LG
3
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.94M | +$95.3K | +4,310 | +3% |
|
|
TCOV
4
Trust Company of Vermont
Brattleboro,
Vermont
| $2.09M | +$253K | +11,457 | +14% |
|
|
TAM
5
Tocqueville Asset Management
New York
| $1.35M | +$1.34M | +60,800 | New |
|
|
6
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $1.19M | +$24.1K | +1,088 | +2% |
|
|
HCM
7
Hollencrest Capital Management
Newport Beach,
California
| $281K | – | – | – |
|
|
HCC
8
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $26K | – | – | – |
|
|
HNB
9
Huntington National Bank
Columbus,
Ohio
| – | -$753K | -34,152 | Closed |
|
|
KCM
10
Kempner Capital Management
Galveston,
Texas
| – | -$390K | -17,700 | Closed |
|
|
PTC
11
Private Trust Company
Cleveland,
Ohio
| – | -$23K | -1,050 | Closed |
|
|
12
Ameriprise
Minneapolis,
Minnesota
| – | -$1K | -26 | Closed |
|
USB.PRH Hedge Fund Activity: Q4 2014 in Review
8 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q4 2014, worth a combined $16.3M — up 3.3% from $15.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USB.PRH and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $1.34M. The largest seller was Huntington National Bank, exiting entirely with an estimated $753K sold.
- 8 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q4 2014, down from 11 in Q3 2014.
- Funds reported $16.3M of US Bancorp Series B Preferred Stock stock for Q4 2014, up 3.3% quarter-over-quarter.
- 1 fund opened new US Bancorp Series B Preferred Stock positions in Q4 2014 and 4 closed out, a net change of -3 holders.
- The largest US Bancorp Series B Preferred Stock buyer in Q4 2014 was Tocqueville Asset Management, an estimated $1.34M added.
- The largest US Bancorp Series B Preferred Stock seller in Q4 2014 was Huntington National Bank, an estimated $753K sold.
Based on aggregated 13F filings for Q4 2014.