Caret Suffixes in U.S. Stock Symbols Usually Mark Preferred Shares
Summary
The document explains a common meaning of a caret followed by a letter in a U.S. company’s security symbol: it usually identifies a series of that company’s preferred shares. It illustrates the convention with several symbols for Citigroup preferred stock and a long list of similarly formatted tickers.
The explanation is a practical rule of thumb, not a complete specification of every exchange’s symbol format. The list mixes caret suffixes with other separators, and the response recommends checking each security’s listing details to learn how individual preferred series differ. Traders should confirm the instrument and its terms with an authoritative listing or issuer source rather than infer features such as dividend, redemption, or conversion rights from the symbol alone.
Key ideas
- A caret followed by a letter in a ticker commonly denotes a preferred share series.
- One company can have multiple preferred series with distinct symbols.
- Ticker punctuation is a clue to instrument type, not a substitute for checking security terms.
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# What does ^ mean in a security symbol? # What does ^ mean in a security symbol? I see `^` is in a symbol like this. In general, what does `^` mean in a security symbol? Thanks. https://www.nasdaq.com/market-activity/stocks/ago^b All the symbols with `^` are listed below. ``` AAIC^B AAIC^C ABR^A ABR^B ABR^C ABR^D ACP^A ACR^C ACR^D AEL^A AEL^B AGM^C AGM^D AGM^E AGM^F AGM^G AGO^B AGO^E AGO^F AHH^A AHL^C AHL^D AHL^E AHT^D AHT^F AHT^G AHT^H AHT^I AIG^A AKO/A AKO/B AL^A ALIN^A ALIN^B ALIN^E ALL^B ALL^G ALL^H ALL^I ALLY^A ALP^Q ALTG^A AMH^E AMH^F AMH^G AMH^H APO^A APO^B APTV^A ARES^A ARGO^A ARR^C ASB^D ASB^E ASB^F ATCO^D ATCO^E ATCO^G ATCO^H ATCO^I ATH^A ATH^B ATH^C ATH^D AVTR^A AXS^E BAC^B BAC^E BAC^K BAC^L BAC^M BAC^N BAC^O BAC^P BANC^E BC^A BC^B BC^C BEP^A BF/A BF/B BFS^D BFS^E BHR^B BHR^D BIO/B BIP^A BIP^B BML^G BML^H BML^J BML^L BOH^A BRK/A BRK/B BSX^A BW^A BXS^A C^J C^K C^N CAI^A CAI^B CBB^B CDR^B CDR^C CEQP^ CFG^D CFG^E CFR^B CHMI^A CHMI^B CIM^A CIM^B CIM^C CIM^D CIO^A CIT^B CLNY^G CLNY^H CLNY^I CLNY^J CLVT^A CMO^E CMRE^B CMRE^C CMRE^D CMRE^E CMS^B CNO^A CNP^B CODI^A CODI^B CODI^C COF^G COF^H COF^I COF^J COF^K COF^L CORR^A CRD/A CRD/B CSR^C CTA^A CTA^B CUBI^C CUBI^D CUBI^E CUBI^F DCP^B DCP^C DHR^A DHR^B DLNG^A DLNG^B DLR^J DLR^K DLR^L DRH^A DS^B DS^C DS^D DSX^B DTLA^ DUK^A DX^C ECC ECOM EFC^A ENR^A EP^C EPR^C EPR^E EPR^G EQC^D EQH^A EQH^C ET^C ET^D ET^E ETI^ ETX F^B F^C FEI FHN^A FHN^B FHN^C FHN^D FHN^E FHN^F FNB^E FPI^B FRC^H FRC^I FRC^J FRC^K FRC^L FRT^C FTAI^A FTAI^B FTAI^C FTV^A GAB^G GAB^H GAB^J GAB^K GAM^B GDL^C GDV^G GDV^H GGT^E GGT^G GGZ^A GL^C GLOG^A GLOP^A GLOP^B GLOP^C GLP^A GLP^B GMRE^A GNE^A GNL^A GNL^B GNT^A GS^A GS^C GS^D GS^J GS^K GSL^B GUT^A GUT^C HEI/A HFRO^A HIG^G HL^B HMLP^A HT^C HT^D HT^E HVT/A IIPR^A INN^D INN^E INSW^A IVR^B IVR^C JPM^C JPM^D JPM^J JPM^K JPM^L JW/A JW/B KEY^I KEY^J KEY^K KIM^L KIM^M KKR^B KKR^C KREF^A KSU^ LFT^A LXP^C MAA^I MER^K MET^A MET^E MET^F MFA^B MFA^C MH^A MH^C MH^D MITT^A MITT^B MITT^C MNR^C MS^A MS^E MS^F MS^I MS^K MS^L MTL^ NCV^A NCZ^A NEE^K NEE^N NEE^O NEE^P NEE^Q NGL^B NGL^C NHF^A NI^B NLY^F NLY^G NLY^I NM^G NM^H NMK^B NMK^C NNN^F NREF^A NRZ^A NRZ^B NRZ^C NS^A NS^B NS^C NSA^A NYCB^A NYCB^U OAK^A OAK^B OFG^D OPP^A PBI^B PEB^C PEB^D PEB^E PEB^F PEB^G PEI^B PEI^C PEI^D PMT^A PMT^B PNC^P PRE^J PRIF^A PRIF^D PRIF^E PRIF^F PRIF^G PRIF^H PSA^C PSA^D PSA^E PSA^F PSA^G PSA^H PSA^I PSA^J PSA^K PSA^L PSA^M PSA^N PSA^O PSA^P PSB^W PSB^X PSB^Y PSB^Z PUK^ PUK^A QTS^A QTS^B RC^B RC^C RC^D RC^E RDS/B REXR^A REXR^B REXR^C RF^B RF^C RF^E RLJ^A RMPL^ RNR^E RNR^F RPT^D RY^T SAND SB^C SB^D SCE^G SCE^H SCE^J SCE^K SCE^L SCHW^D SCHW^J SF^A SF^B SF^C SHO^F SHO^H SITC^A SLG^I SNV^D SNV^E SPE^B SPG^J SPLP^A SR^A SRC^A SRE^B SRG^A STAR STAR^D STAR^G STAR^I STL^A STT^D STT^G STZ/B SYF^A T^A T^C TDS^U TFC^I TFC^O TFC^R TGH^A TGP^A TGP^B TNP^D TNP^E TNP^F TRTN^A TRTN^B TRTN^C TRTN^D TRTX^C TWO^A TWO^B TWO^C TY^ UBP^H UBP^K UMH^C UMH^D USB^A USB^H USB^M USB^P USB^Q USB^R VER^F VNO^K VNO^L VNO^M VNO^N VOYA^B WBS^F WCC^A WFC^A WFC^C WFC^L WFC^O WFC^Q WFC^R WFC^X WFC^Y WFC^Z WPG^H WPG^I WRB^E WRB^F WRB^G WRB^H WSO/B XFLT^A BCV^A BRG^C BRG^D BWL/A ECF^A GGN^B GGO^A GLU^A GLU^B HLM^ HWM^ PCG^A PCG^B PCG^C PCG^E PCG^G PCG^H PLYM^A RHE^A YCBD^A ``` ## Answer by Xomuama (score 2) https://quant.stackexchange.com/a/65629 XXX^A or XXX^B or XXX^B corresponds to a Preferred stock ticker. For example, if you take the stock Citigroup in your list (quoted C US on Bloomberg and C on the nasdaq website, it has the following different preferred shares on the market (see your list) : - C^J - C^K - C^N I invite you to check the differences on their respective page on the Nasdaq website. To sum up, it is just a way of referencing preferred shares of a company. Hope it helps. Cheers.
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