Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
238 hedge funds and large institutions have $3.05B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 76 reducing their positions, and 14 closing their positions.
114% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 14
7% more capital invested
Capital invested by funds: $2.85B → $3.05B (+$202M)
4% more funds holding
Funds holding: 228 → 238 (+10)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
4.19% less ownership
Funds ownership: 84.51% → 80.33% (-4.2%)
34% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$110M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$17.5M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$13.7M |
| 4 |
First Manhattan
New York
|
+$6.04M |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$5.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
-$139M |
| 2 |
Amundi
Paris,
France
|
-$113M |
| 3 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$37.3M |
| 4 |
BlackRock
New York
|
-$36.7M |
| 5 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
-$9.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
251
Sugarloaf Wealth Management
Duluth,
Georgia
| – | -$23K | -19 | Closed |
|
|
QC
252
Quent Capital
New York
| – | -$20K | -17 | Closed |
|
|
HI
253
Hudock Inc
Williamsport,
Pennsylvania
| – | -$6K | -5 | Closed |
|
|
HGERS
254
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$2K | -2 | Closed |
|
255
Lazard Asset Management
New York
| – | +$98.6K | +83 | New |
|
WFC.PRL Hedge Fund Activity: Q4 2022 in Review
238 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2022, worth a combined $3.05B — up 7.1% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new WFC.PRL positions and 14 closed out — a net gain of 16 holders — while 50 added to existing stakes and 76 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $110M. The largest seller was Advent Capital Management, exiting entirely with an estimated $139M sold.
- 238 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2022, up from 228 in Q3 2022.
- Funds reported $3.05B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2022, up 7.1% quarter-over-quarter.
- 30 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2022 and 14 closed out, a net change of +16 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2022 was VOYA Investment Management, an estimated $110M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2022 was Advent Capital Management, an estimated $139M sold.
Based on aggregated 13F filings for Q4 2022.