We are live on ! Find out more
WFC.PRL icon

Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL

256 hedge funds and large institutions have $2.85B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2024 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 79 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 20

22% more funds holding in top 10

Funds holding in top 10: 9 → 11 (+2)

3.54% more ownership

Funds ownership: 63.51% → 67.05% (+3.5%)

0% more funds holding

Funds holding: 255 → 256 (+1)

9% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 79

9% less capital invested

Capital invested by funds: $3.12B → $2.85B (-$274M)

Holders
256
Holders Change
+1
Holders Change %
+0.39%
% of All Funds
3.37%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.14%
New
25
Increased
72
Reduced
79
Closed
20
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
ECG
Edge Capital Group
Georgia
+$272M
2
UIA
Ulland Investment Advisors
Minnesota
+$10.1M
3
State Street
State Street
Massachusetts
+$9.32M
4
VOYA Investment Management
VOYA Investment Management
Georgia
+$8.06M
5
BlackRock
BlackRock
New York
+$7.52M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$40.2M
2
SA
Stonebridge Advisors
Connecticut
-$35.4M
3
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$10.5M
4
ACM
Advent Capital Management
New York
-$10.2M
5
First Manhattan
First Manhattan
New York
-$9.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
CAIM
251
Catherine Avery Investment Management
Florida
$5.97K +$6.15K +5 New
HC
252
Hoese & Co
Minnesota
$5.97K – – –
ACA
253
American Capital Advisory
Idaho
$3.58K – – –
ADL
254
Asset Dedication LLC
California
$3.58K – – –
MWM
255
Mascoma Wealth Management
New Hampshire
$3.58K – – –
HNB
256
Huntington National Bank
Ohio
$3.52K – – –
NSIM
257
North Star Investment Management
Illinois
$2.39K – – –
RIL
258
Rothschild Investment LLC
Illinois
$2.39K – – –
Lazard Asset Management
259
Lazard Asset Management
New York
$1K – – –
Millennium Management
260
Millennium Management
New York
– -$35.6K -28,000 Closed
First Manhattan
261
First Manhattan
New York
– -$9.31M -7,260 Closed
Jane Street
262
Jane Street
New York
– -$2M -1,560 Closed
ACM
263
AlphaStar Capital Management
North Carolina
– -$577K -450 Closed
LFAS
264
Level Four Advisory Services
Texas
– -$361K -292 Closed
EM
265
ELCO Management
New York
– -$369K -288 Closed
RFN
266
RDA Financial Network
Iowa
– -$336K -262 Closed
BFG
267
Berger Financial Group
Minnesota
– -$258K -201 Closed
NFC
268
Northeast Financial Consultants
Connecticut
– -$237K -185 Closed
IRM
269
Income Research & Management
Massachusetts
– -$211K -165 Closed
OWP
270
Obermeyer Wealth Partners
Colorado
– -$212K -165 Closed
EH
271
Equitable Holdings
New York
– -$208K -162 Closed
NCM
272
Nelson Capital Management
California
– -$205K -160 Closed
RMDI
273
R.M. Davis Inc
Maine
– -$200K -156 Closed
IAS
274
IMA Advisory Services
Colorado
– -$109K -85 Closed
NS
275
NBC Securities
Alabama
– -$41K -32 Closed
8 9 10
11
12

WFC.PRL Hedge Fund Activity: Q4 2024 in Review

256 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2024, worth a combined $2.85B — down 8.8% from $3.12B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new WFC.PRL positions and 20 closed out — a net gain of 5 holders — while 72 added to existing stakes and 79 trimmed.

The largest buyer was Edge Capital Group, opening a new position worth an estimated $272M. The largest seller was Fidelity Investments, cutting an estimated $40.2M.

  • 256 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2024, up from 255 in Q3 2024.
  • Funds reported $2.85B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2024, down 8.8% quarter-over-quarter.
  • 25 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2024 and 20 closed out, a net change of +5 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2024 was Edge Capital Group, an estimated $272M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2024 was Fidelity Investments, an estimated $40.2M sold.

Based on aggregated 13F filings for Q4 2024.