Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
207 hedge funds and large institutions have $2.61B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 58 reducing their positions, and 35 closing their positions.
5% less funds holding
Funds holding: 218 → 207 (-11)
14% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 58
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
18% less capital invested
Capital invested by funds: $3.2B → $2.61B (-$589M)
26% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 35
1,502.63% less ownership
Funds ownership: 1,554.58% → 51.95% (-1,503%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
+$113M |
| 2 |
Morgan Stanley
New York
|
+$21.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$18.8M |
| 4 |
ACM
Advent Capital Management
New York
|
+$5.72M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$5.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$290M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$84.3M |
| 3 |
Lazard Asset Management
New York
|
-$43.2M |
| 4 |
JP Morgan Chase
New York
|
-$20.4M |
| 5 |
State Street
Boston,
Massachusetts
|
-$17.3M |
WFC.PRL Hedge Fund Activity: Q1 2022 in Review
207 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2022, worth a combined $2.61B — down 18% from $3.2B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of WFC.PRL and 26 opened new positions — a net loss of 9 holders — while 58 trimmed existing stakes and 50 added.
The largest buyer was Valeo Financial Advisors, opening a new position worth an estimated $113M. The largest seller was Allianz Asset Management, cutting an estimated $290M.
- 207 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2022, down from 218 in Q4 2021.
- Funds reported $2.61B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2022, down 18% quarter-over-quarter.
- 26 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2022 and 35 closed out, a net change of -9 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2022 was Valeo Financial Advisors, an estimated $113M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2022 was Allianz Asset Management, an estimated $290M sold.
Based on aggregated 13F filings for Q1 2022.