US Bancorp Series B Preferred Stock
USB.PRH
7 hedge funds and large institutions have $27.7M invested in US Bancorp Series B Preferred Stock in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 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)
14% more call options, than puts
Call options by funds: $132M | Put options by funds: $117M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.42% less ownership
Funds ownership: 3.72% → 3.3% (-0.42%)
3% less capital invested
Capital invested by funds: $28.7M → $27.7M (-$971K)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$69.9K |
| 2 |
VL
Vima LLC
Troy,
Michigan
|
+$50K |
| 3 |
OP
ORG Partners
Roanoke,
Indiana
|
+$1.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBA
Tower Bridge Advisors
Conshohocken,
Pennsylvania
|
-$3.61M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$75.9K |
| 3 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
-$9K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$508 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
1
Atlas Wealth
Cincinnati,
Ohio
| $22.3M | -$75.9K | -3,583 | -0.3% |
|
|
TBA
2
Tower Bridge Advisors
Conshohocken,
Pennsylvania
| $3.88M | -$3.61M | -170,383 | -48% |
|
|
MCM
3
Mengis Capital Management
Portland,
Oregon
| $870K | +$69.9K | +3,300 | +9% |
|
|
BTIM
4
BancFirst Trust & Investment Management
Oklahoma City,
Oklahoma
| $618K | – | – | – |
|
|
VL
5
Vima LLC
Troy,
Michigan
| $45.2K | +$50K | +2,362 | New |
|
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $20.1K | -$508 | -24 | -2% |
|
|
OP
7
ORG Partners
Roanoke,
Indiana
| $1.02K | +$1.02K | +48 | New |
|
|
TWM
8
Tradition Wealth Management
Edina,
Minnesota
| – | -$9K | -458 | Closed |
|
USB.PRH Hedge Fund Activity: Q1 2024 in Review
7 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in US Bancorp Series B Preferred Stock (USB.PRH) for Q1 2024, worth a combined $27.7M — down 3.4% from $28.7M 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 3 trimmed.
The largest buyer was Mengis Capital Management, adding an estimated $69.9K. The largest seller was Tower Bridge Advisors, cutting an estimated $3.61M.
- 7 institutional investors held US Bancorp Series B Preferred Stock (USB.PRH) as of Q1 2024, up from 6 in Q4 2023.
- Funds reported $27.7M of US Bancorp Series B Preferred Stock stock for Q1 2024, down 3.4% quarter-over-quarter.
- 2 funds opened new US Bancorp Series B Preferred Stock positions in Q1 2024 and 1 closed out, a net change of +1 holder.
- The largest US Bancorp Series B Preferred Stock buyer in Q1 2024 was Mengis Capital Management, an estimated $69.9K added.
- The largest US Bancorp Series B Preferred Stock seller in Q1 2024 was Tower Bridge Advisors, an estimated $3.61M sold.
Based on aggregated 13F filings for Q1 2024.