Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
110 hedge funds and large institutions have $3.57B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 34 reducing their positions, and 7 closing their positions.
3% more capital invested
Capital invested by funds: $3.46B → $3.57B (+$117M)
0.48% less ownership
Funds ownership: 77.8% → 77.32% (-0.48%)
2% less funds holding
Funds holding: 112 → 110 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
+$49.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$19.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$10.5M |
| 4 |
JP Morgan Chase
New York
|
+$8.08M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$34.5M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$13.5M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$10.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$7.18M |
| 5 |
ClearBridge Investments
New York
|
-$6.55M |
WFC.PRL Hedge Fund Activity: Q2 2014 in Review
110 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2014, worth a combined $3.57B — up 3.4% from $3.46B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of WFC.PRL and 6 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 21 added.
The largest buyer was Advent Capital Management, opening a new position worth an estimated $49.9M. The largest seller was Loomis, Sayles & Company, cutting an estimated $34.5M.
- 110 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2014, down from 112 in Q1 2014.
- Funds reported $3.57B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2014, up 3.4% quarter-over-quarter.
- 6 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2014 and 7 closed out, a net change of -1 holder.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2014 was Advent Capital Management, an estimated $49.9M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2014 was Loomis, Sayles & Company, an estimated $34.5M sold.
Based on aggregated 13F filings for Q2 2014.