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Wells Fargo 7.5% Non Cumv Perp Conv

116 hedge funds and large institutions have $3.24B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

1% more funds holding

Funds holding: 115116 (+1)

0.12% more ownership

Funds ownership: 78.89%79.01% (+0.12%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

54% less capital invested

Capital invested by funds: $7.06B → $3.24B (-$3.82B)

Holders
116
Holders Change
+1
Holders Change %
+0.87%
% of All Funds
3.37%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
15
Increased
31
Reduced
29
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSL
26
Mackay Shields LLC
New York
$15M -$698K -619 -4%
NEAM
27
New England Asset Management
Connecticut
$14.7M
PCM
28
Palisade Capital Management
New Jersey
$14M +$465K +412 +3%
Goldman Sachs
29
Goldman Sachs
New York
$13.8M +$1.93M +1,709 +16%
Federated Hermes
30
Federated Hermes
Pennsylvania
$13.8M
Loomis, Sayles & Company
31
Loomis, Sayles & Company
Massachusetts
$13.7M -$4.28M -3,797 -1%
OCM
32
Oaktree Capital Management
California
$13.7M +$14M +12,440 New
BNP Paribas Asset Management
33
BNP Paribas Asset Management
France
$13.3M
Neuberger Berman Group
34
Neuberger Berman Group
New York
$12.4M +$559K +496 +5%
AUIM
35
Aegon USA Investment Management
Iowa
$12.2M
Macquarie Group
36
Macquarie Group
Australia
$12M
WAM
37
Wolverine Asset Management
Illinois
$10.8M +$29.3K +26 +0.3%
Calamos Advisors
38
Calamos Advisors
Illinois
$9.97M -$84.9M -75,300 -89%
Ameriprise
39
Ameriprise
Minnesota
$9.66M +$846K +750 +9%
MAA
40
Managed Account Advisors
New Jersey
$9.53M +$253K +224 +3%
PI
41
Putnam Investments
Massachusetts
$9.29M -$364K -323 -4%
Citigroup
42
Citigroup
New York
$8.32M +$8.32M +7,378 +5,019%
QI
43
Qualcomm Inc
California
$6.88M -$1.47M -1,300 -17%
LOAME
44
Lombard Odier Asset Management (Europe)
United Kingdom
$6.63M +$6.77M +6,000 New
Bank of America
45
Bank of America
North Carolina
$6.46M +$95.9K +85 +1%
BG
46
BlackRock Group
United Kingdom
$6.39M
CIC
47
Chilton Investment Company
Connecticut
$5.51M -$2.38M -2,110 -30%
EIA
48
Edgemoor Investment Advisors
Maryland
$4.59M -$7.89K -7 -0.2%
AMH
49
Apollo Management Holdings
New York
$4.44M
DCM
50
Dinsmore Capital Management
New Jersey
$4.42M

WFC.PRL Hedge Fund Activity: Q4 2013 in Review

116 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2013, worth a combined $3.24B — down 54% from $7.06B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new WFC.PRL positions and 13 closed out — a net gain of 2 holders — while 31 added to existing stakes and 29 trimmed.

The largest buyer was American Century Companies, adding an estimated $39.5M. The largest seller was Calamos Advisors, cutting an estimated $84.9M.

  • 116 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2013, up from 115 in Q3 2013.
  • Funds reported $3.24B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2013, down 54% quarter-over-quarter.
  • 15 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2013 and 13 closed out, a net change of +2 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2013 was American Century Companies, an estimated $39.5M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2013 was Calamos Advisors, an estimated $84.9M sold.

Based on aggregated 13F filings for Q4 2013.