US Bancorp Series B Preferred Stock
USB.PRH
7 hedge funds and large institutions have $28.6M invested in US Bancorp Series B Preferred Stock in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
39% more capital invested
Capital invested by funds: $20.5M → $28.6M (+$8.07M)
38% more call options, than puts
Call options by funds: $172M | Put options by funds: $124M
17% more funds holding
Funds holding: 6 → 7 (+1)
1.02% more ownership
Funds ownership: 2.76% → 3.78% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
+$7.17M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$809K |
| 3 |
OP
ORG Partners
Roanoke,
Indiana
|
+$905 |
| 4 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$170 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$223K |
| 2 |
MCM
Mengis Capital Management
Portland,
Oregon
|
-$47.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
1
Atlas Wealth
Cincinnati,
Ohio
| $20.1M | +$809K | +42,901 | +4% |
|
|
TBA
2
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $7.17M | +$7.17M | +379,886 | New |
|
|
MCM
3
Mengis Capital Management
Portland,
Oregon
| $714K | -$47.9K | -2,538 | -6% |
|
|
BTIM
4
BancFirst Trust & Investment Management
Oklahoma City,
Oklahoma
| $551K | – | – | – |
|
5
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16.1K | – | – | – |
|
|
TWM
6
Tradition Wealth Management
Edina,
Minnesota
| $8K | +$170 | +9 | +2% |
|
|
OP
7
ORG Partners
Roanoke,
Indiana
| $906 | +$905 | +48 | New |
|
|
BFS
8
Bard Financial Services
Branford,
Connecticut
| – | -$223K | -12,500 | Closed |
|
USB.PRH Hedge Fund Activity: Q3 2023 in Review
7 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q3 2023, worth a combined $28.6M — up 39% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new USB.PRH positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Tower Bridge Advisors, opening a new position worth an estimated $7.17M. The largest seller was Bard Financial Services, exiting entirely with an estimated $223K sold.
- 7 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q3 2023, up from 6 in Q2 2023.
- Funds reported $28.6M of US Bancorp Series B Preferred Stock stock for Q3 2023, up 39% quarter-over-quarter.
- 2 funds opened new US Bancorp Series B Preferred Stock positions in Q3 2023 and 1 closed out, a net change of +1 holder.
- The largest US Bancorp Series B Preferred Stock buyer in Q3 2023 was Tower Bridge Advisors, an estimated $7.17M added.
- The largest US Bancorp Series B Preferred Stock seller in Q3 2023 was Bard Financial Services, an estimated $223K sold.
Based on aggregated 13F filings for Q3 2023.