US Bancorp Series B Preferred Stock
USB.PRH
6 hedge funds and large institutions have $20.5M invested in US Bancorp Series B Preferred Stock in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.63% less ownership
Funds ownership: 3.4% → 2.76% (-0.63%)
21% less capital invested
Capital invested by funds: $26M → $20.5M (-$5.49M)
25% less funds holding
Funds holding: 8 → 6 (-2)
46% less call options, than puts
Call options by funds: $89.5M | Put options by funds: $165M
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$3.3M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.86K |
| 3 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$127 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$8.24M |
| 2 |
NHT
New Hampshire Trust
Concord,
New Hampshire
|
-$92.6K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
-$7.37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
1
Atlas Wealth
Cincinnati,
Ohio
| $19M | +$3.3M | +182,127 | +22% |
|
|
MCM
2
Mengis Capital Management
Portland,
Oregon
| $719K | -$7.37K | -407 | -1% |
|
|
BTIM
3
BancFirst Trust & Investment Management
Oklahoma City,
Oklahoma
| $529K | – | – | – |
|
|
BFS
4
Bard Financial Services
Branford,
Connecticut
| $223K | – | – | – |
|
|
5
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $15.2K | +$2.86K | +158 | +23% |
|
|
TWM
6
Tradition Wealth Management
Edina,
Minnesota
| $8K | +$127 | +7 | +2% |
|
|
TBA
7
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| – | -$8.24M | -430,836 | Closed |
|
|
NHT
8
New Hampshire Trust
Concord,
New Hampshire
| – | -$92.6K | -4,859 | Closed |
|
USB.PRH Hedge Fund Activity: Q2 2023 in Review
6 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q2 2023, worth a combined $20.5M — down 21% from $26M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of USB.PRH and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Atlas Wealth, adding an estimated $3.3M. The largest seller was Tower Bridge Advisors, exiting entirely with an estimated $8.24M sold.
- 6 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q2 2023, down from 8 in Q1 2023.
- Funds reported $20.5M of US Bancorp Series B Preferred Stock stock for Q2 2023, down 21% quarter-over-quarter.
- 0 funds opened new US Bancorp Series B Preferred Stock positions in Q2 2023 and 2 closed out, a net change of -2 holders.
- The largest US Bancorp Series B Preferred Stock buyer in Q2 2023 was Atlas Wealth, an estimated $3.3M added.
- The largest US Bancorp Series B Preferred Stock seller in Q2 2023 was Tower Bridge Advisors, an estimated $8.24M sold.
Based on aggregated 13F filings for Q2 2023.