US Bancorp Series B Preferred Stock
USB.PRH
8 hedge funds and large institutions have $26M invested in US Bancorp Series B Preferred Stock in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 0 closing their positions.
153% more capital invested
Capital invested by funds: $10.3M → $26M (+$15.7M)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
2% more ownership
Funds ownership: 1.4% → 3.4% (+2%)
27% less call options, than puts
Call options by funds: $86M | Put options by funds: $119M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$16.8M |
| 2 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$18.4K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$8.61K |
| 4 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$141 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$811K |
| 2 |
NHT
New Hampshire Trust
Concord,
New Hampshire
|
-$5.26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
1
Atlas Wealth
Cincinnati,
Ohio
| $16M | +$16.8M | +839,037 | New |
|
|
TBA
2
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $8.24M | -$811K | -40,397 | -9% |
|
|
MCM
3
Mengis Capital Management
Portland,
Oregon
| $779K | +$18.4K | +919 | +2% |
|
|
BTIM
4
BancFirst Trust & Investment Management
Oklahoma City,
Oklahoma
| $554K | – | – | – |
|
|
BFS
5
Bard Financial Services
Branford,
Connecticut
| $239K | – | – | – |
|
|
NHT
6
New Hampshire Trust
Concord,
New Hampshire
| $92.6K | -$5.26K | -262 | -5% |
|
|
7
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13.3K | +$8.61K | +429 | +162% |
|
|
TWM
8
Tradition Wealth Management
Edina,
Minnesota
| $8K | +$141 | +7 | +2% |
|
USB.PRH Hedge Fund Activity: Q1 2023 in Review
8 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q1 2023, worth a combined $26M — up 153% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new USB.PRH positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $16.8M. The largest seller was Tower Bridge Advisors, cutting an estimated $811K.
- 8 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q1 2023, up from 7 in Q4 2022.
- Funds reported $26M of US Bancorp Series B Preferred Stock stock for Q1 2023, up 153% quarter-over-quarter.
- 1 fund opened new US Bancorp Series B Preferred Stock positions in Q1 2023 and 0 closed out, a net change of +1 holder.
- The largest US Bancorp Series B Preferred Stock buyer in Q1 2023 was Atlas Wealth, an estimated $16.8M added.
- The largest US Bancorp Series B Preferred Stock seller in Q1 2023 was Tower Bridge Advisors, an estimated $811K sold.
Based on aggregated 13F filings for Q1 2023.