US Bancorp Series B Preferred Stock
USB.PRH
7 hedge funds and large institutions have $10.3M invested in US Bancorp Series B Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
17% more funds holding
Funds holding: 6 → 7 (+1)
0.44% less ownership
Funds ownership: 1.84% → 1.4% (-0.44%)
1% less call options, than puts
Call options by funds: $59.2M | Put options by funds: $59.9M
30% less capital invested
Capital invested by funds: $14.7M → $10.3M (-$4.45M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.96K |
| 2 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$94 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$3.16M |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$200K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
-$61.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TBA
1
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $8.67M | -$3.16M | -168,860 | -26% |
|
|
MCM
2
Mengis Capital Management
Portland,
Oregon
| $732K | -$61.5K | -3,285 | -8% |
|
|
BTIM
3
BancFirst Trust & Investment Management
Oklahoma City,
Oklahoma
| $543K | – | – | – |
|
|
BFS
4
Bard Financial Services
Branford,
Connecticut
| $230K | – | – | – |
|
|
NHT
5
New Hampshire Trust
Concord,
New Hampshire
| $92.9K | +$95.8K | +5,121 | New |
|
|
TWM
6
Tradition Wealth Management
Edina,
Minnesota
| $8K | +$94 | +5 | +1% |
|
|
7
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4.88K | +$4.96K | +265 | New |
|
|
8
RhumbLine Advisers
Boston,
Massachusetts
| – | -$200K | -10,000 | Closed |
|
USB.PRH Hedge Fund Activity: Q4 2022 in Review
7 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q4 2022, worth a combined $10.3M — down 30% from $14.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new USB.PRH positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $4.96K. The largest seller was Tower Bridge Advisors, cutting an estimated $3.16M.
- 7 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q4 2022, up from 6 in Q3 2022.
- Funds reported $10.3M of US Bancorp Series B Preferred Stock stock for Q4 2022, down 30% quarter-over-quarter.
- 2 funds opened new US Bancorp Series B Preferred Stock positions in Q4 2022 and 1 closed out, a net change of +1 holder.
- The largest US Bancorp Series B Preferred Stock buyer in Q4 2022 was PNC Financial Services Group, an estimated $4.96K added.
- The largest US Bancorp Series B Preferred Stock seller in Q4 2022 was Tower Bridge Advisors, an estimated $3.16M sold.
Based on aggregated 13F filings for Q4 2022.