Vault-13

EQUITY COMWLTH EQC 6.5 PERP D

6.5% CNV PFD D · PUBLIC · CUSIP 294628201

38 institutional holders +4 vs Q3 2023
1,847,8051.8m shares reported held*
$46.6mreported value*
4 new 7 added 15 reduced 2 sold out net bought ≈ $11.8m (+469.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $25.21.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 33Q4 22: 41Q1 23: 37Q2 23: 37Q3 23: 34Q4 23: 3838Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202233
Q4 202241
Q1 202337
Q2 202337
Q3 202334
Q4 202338

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 13 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 12 bought or addedQ2 23: 15 cut or sold outQ2 23Q3 23: 10 bought or addedQ3 23: 13 cut or sold outQ3 23Q4 23: 11 bought or addedQ4 23: 17 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221413
Q1 20231121
Q2 20231215
Q3 20231013
Q4 20231117

Biggest buyers

ICON ADVISERS INC/CO New +388,555+388.6k
DigitalBridge Group, Inc. New +35,897+35.9k
BlackRock Inc. Added +27,535+27.5k
Nuveen Asset Management, LLC New +26,406+26.4k
BAR HARBOR WEALTH MANAGEMENT Added +9,218+9.2k
MORGAN STANLEY Added +8,973+9.0k
D.A. DAVIDSON & CO. Added +3,757+3.8k
JPMORGAN CHASE & CO Added +1,040+1.0k
ROYAL BANK OF CANADA Added +188+188
NBT BANK, N.A. New +100+100

Biggest sellers

Nuveen Asset Management, LLC Sold out -27,358-27.4k
Uniplan Investment Counsel, Inc. Reduced -9,142-9.1k
Brookfield Corp /ON/ Reduced -4,500-4.5k
WOLVERINE ASSET MANAGEMENT LLC Reduced -4,302-4.3k
Edgemoor Investment Advisors, Inc. Reduced -3,380-3.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -2,050-2.0k
OSAIC HOLDINGS, INC. Reduced -2,012-2.0k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,756-1.8k
UBS Group AG Reduced -1,464-1.5k
WELLS FARGO & COMPANY/MN Reduced -1,217-1.2k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 450,155450.2k $11.3m $11.3m 0.00% Added +27.5k +27,535
2 ICON ADVISERS INC/CO 2.24% of their portfolio GREENWOOD VILLAGE, CO 388,555388.6k $9.8m $9.8m 2.24% New
3 BAR HARBOR WEALTH MANAGEMENT 0.42% of their portfolio CONCORD, NH 221,993222.0k $5.6m $5.6m 0.42% Added +9.2k +9,218
4 Uniplan Investment Counsel, Inc. 0.23% of their portfolio MILWAUKEE, WI 124,032124.0k $3.1m $3.1m 0.23% Reduced -9.1k -9,142
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 85,95186.0k $2.2m $2.2m 0.00% Reduced -1.2k -1,217
6 Edgemoor Investment Advisors, Inc. 0.21% of their portfolio BETHESDA, MD 79,87079.9k $2.0m $2.0m 0.21% Reduced -3.4k -3,380
7 Maren Capital LLC 0.25% of their portfolio CHICAGO, IL 77,77177.8k $2.0m $2.0m 0.25% First filing
8 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.11% of their portfolio EDINA, MN 74,84074.8k $1.9m $1.9m 0.11% Reduced -1.1k -1,063
9 Brookfield Corp /ON/ 0.01% of their portfolio TORONTO, A6 71,51071.5k $1.8m $1.8m 0.01% Reduced -4.5k -4,500
10 Aurora Investment Counsel 0.66% of their portfolio ATLANTA, GA 36,85536.9k $1.0m $1.0m 0.66% Reduced -105 -105
11 DigitalBridge Group, Inc. 0.09% of their portfolio Boca Raton, FL 35,89735.9k $902.1k $902.1k 0.09% New
12 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 32,25132.3k $810.5k $810.5k 0.00% Reduced -1.8k -1,756
13 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 26,40626.4k $663.6k $663.6k 0.00% New
14 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 23,46623.5k $589.7k $589.7k 0.01% Added +3.8k +3,757
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 19,49219.5k $489.8k $489.8k 0.00% Reduced -2.0k -2,050
16 REDMONT WEALTH ADVISORS LLC 0.66% of their portfolio CHICAGO, IL 18,00018.0k $452.3k $452.3k 0.66% Unchanged
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 16,28216.3k $411.4k $411.4k 0.00% Added +9.0k +8,973
18 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 8,8778.9k $223.1k $223.1k 0.00% Reduced -4.3k -4,302
19 SCHNIEDERS CAPITAL MANAGEMENT LLC 0.05% of their portfolio PASADENA, CA 8,8058.8k $221.3k $221.3k 0.05% Unchanged
20 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 8,2268.2k $206.7k $206.7k 0.00% Added +20 +20
21 Pine Harbor Wealth Management, LLC 0.15% of their portfolio FAIRFAX, VA 8,0008.0k $201.0k $201.0k 0.15% First filing
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,3597.4k $184.9k $184.9k 0.00% Reduced -1.5k -1,464
23 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 5,6455.6k $141.9k $141.9k 0.00% Unchanged
24 CALDWELL SUTTER CAPITAL, INC. 0.05% of their portfolio SAUSALITO, CA 4,2004.2k $105.5k $105.5k 0.05% Unchanged
25 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,4202.4k $60.8k $60.8k 0.00% Reduced -15 -15
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0272.0k $50.9k $50.9k 0.00% Reduced -2.0k -2,012
27 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,9942.0k $50.1k $50.1k 0.00% Unchanged
28 EVERMAY WEALTH MANAGEMENT LLC 0.01% of their portfolio ARLINGTON, VA 1,9411.9k $48.8k $48.8k 0.01% Unchanged
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,9081.9k $48.0k $48.0k 0.00% Added +188 +188
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,6631.7k $41.8k $41.8k 0.00% Reduced -344 -344
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,5401.5k $38.7k $38.7k 0.00% Added +1.0k +1,040
32 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 714714 $17.9k $17.9k 0.00% Unchanged
33 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 500500 $12.6k $12.6k 0.00% Unchanged
34 Kozak & Associates, Inc. 0.00% of their portfolio HIGHLANDS RANCH, CO 300300 $7.6k $7.6k 0.00% Unchanged
35 NBT BANK, N.A. 0.00% of their portfolio NORWICH, NY 100100 $2.5k $2.5k 0.00% New
36 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9191 $2.3k $2.3k 0.00% Reduced -9 -9
37 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 7777 $1.9k $1.9k 0.00% Reduced -223 -223
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged