US Bancorp Series B Preferred Stock
USB.PRH
8 hedge funds and large institutions have $10.8M invested in US Bancorp Series B Preferred Stock in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
1% less capital invested
Capital invested by funds: $10.9M → $10.8M (-$158K)
4% less call options, than puts
Call options by funds: $51.3M | Put options by funds: $53.6M
2.31% less ownership
Funds ownership: 3.54% → 1.23% (-2.3%)
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Addison Capital
Conshohocken,
Pennsylvania
|
+$288K |
| 2 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$41.4K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$19.8M |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$277K |
| 3 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$179K |
| 4 |
LG
LaFleur & Godfrey
Grand Rapids,
Michigan
|
-$32K |
| 5 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TBA
1
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $3.75M | -$179K | -8,275 | -5% |
|
|
LG
2
LaFleur & Godfrey
Grand Rapids,
Michigan
| $2.92M | -$32K | -1,480 | -1% |
|
|
TCOV
3
Trust Company of Vermont
Brattleboro,
Vermont
| $2.51M | +$41.4K | +1,916 | +2% |
|
|
TAM
4
Tocqueville Asset Management
New York
| $1.04M | – | – | – |
|
|
AC
5
Addison Capital
Conshohocken,
Pennsylvania
| $290K | +$288K | +13,300 | New |
|
|
MCM
6
Mengis Capital Management
Portland,
Oregon
| $229K | +$13K | +600 | +6% |
|
|
ADL
7
Asset Dedication LLC
San Francisco,
California
| $11K | +$10.8K | +500 | New |
|
|
AA
8
Apriem Advisors
Irvine,
California
| $5K | – | – | – |
|
|
9
SG Americas Securities
New York
| – | -$19.8M | -916,200 | Closed |
|
|
HCM
10
Hollencrest Capital Management
Newport Beach,
California
| – | -$277K | -12,700 | Closed |
|
|
MWP
11
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$2K | -84 | Closed |
|
USB.PRH Hedge Fund Activity: Q4 2015 in Review
8 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q4 2015, worth a combined $10.8M — down 1.4% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of USB.PRH and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Addison Capital, opening a new position worth an estimated $288K. The largest seller was SG Americas Securities, exiting entirely with an estimated $19.8M sold.
- 8 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q4 2015, down from 9 in Q3 2015.
- Funds reported $10.8M of US Bancorp Series B Preferred Stock stock for Q4 2015, down 1.4% quarter-over-quarter.
- 2 funds opened new US Bancorp Series B Preferred Stock positions in Q4 2015 and 3 closed out, a net change of -1 holder.
- The largest US Bancorp Series B Preferred Stock buyer in Q4 2015 was Addison Capital, an estimated $288K added.
- The largest US Bancorp Series B Preferred Stock seller in Q4 2015 was SG Americas Securities, an estimated $19.8M sold.
Based on aggregated 13F filings for Q4 2015.