U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul
USB.PRM
USB.PRM was delisted on the 14th of January, 2022.
12 hedge funds and large institutions have $68M invested in U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
12% more capital invested
Capital invested by funds: $60.9M → $68M (+$7.1M)
29% less funds holding
Funds holding: 17 → 12 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.9M |
| 2 |
RIG
Roosevelt Investment Group
New York
|
+$850K |
| 3 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$512K |
| 4 |
AC
Addison Capital
Conshohocken,
Pennsylvania
|
+$369K |
| 5 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFIC
Bedell Frazier Investment Counselling
Walnut Creek,
California
|
-$3.7M |
| 2 |
PR
Payden & Rygel
Los Angeles,
California
|
-$2.32M |
| 3 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$807K |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$741K |
| 5 |
PWW
Pettyjohn Wood & White
Lynchburg,
Virginia
|
-$427K |
USB.PRM Hedge Fund Activity: Q1 2014 in Review
12 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul (USB.PRM) for Q1 2014, worth a combined $68M — up 12% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of USB.PRM and 2 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Ameriprise, adding an estimated $8.9M. The largest seller was Bedell Frazier Investment Counselling, exiting entirely with an estimated $3.7M sold.
- 12 institutional investors held U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul (USB.PRM) as of Q1 2014, down from 17 in Q4 2013.
- Funds reported $68M of U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul stock for Q1 2014, up 12% quarter-over-quarter.
- 2 funds opened new U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul buyer in Q1 2014 was Ameriprise, an estimated $8.9M added.
- The largest U.S. Bancorp Depositary Shares, each representing 1/1000th interest in a share of Series F Non-Cumul seller in Q1 2014 was Bedell Frazier Investment Counselling, an estimated $3.7M sold.
Based on aggregated 13F filings for Q1 2014.