Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
175 hedge funds and large institutions have $3.25B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
5% more funds holding
Funds holding: 166 → 175 (+9)
2% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 44
2% more capital invested
Capital invested by funds: $3.19B → $3.25B (+$59.2M)
1.32% less ownership
Funds ownership: 69.54% → 68.22% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$529M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$25.4M |
| 3 |
State Street
Boston,
Massachusetts
|
+$20.6M |
| 4 |
AIU
Algebris Investments (UK)
London,
United Kingdom
|
+$13.7M |
| 5 |
SC
Sculptor Capital
New York
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$43.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$30.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.3M |
| 4 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$17.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$11.1M |
WFC.PRL Hedge Fund Activity: Q1 2017 in Review
175 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2017, worth a combined $3.25B — up 1.9% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new WFC.PRL positions and 11 closed out — a net gain of 14 holders — while 45 added to existing stakes and 44 trimmed.
The largest buyer was BlackRock, adding an estimated $529M. The largest seller was American Century Companies, cutting an estimated $43.4M.
- 175 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2017, up from 166 in Q4 2016.
- Funds reported $3.25B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2017, up 1.9% quarter-over-quarter.
- 25 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2017 and 11 closed out, a net change of +14 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2017 was BlackRock, an estimated $529M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2017 was American Century Companies, an estimated $43.4M sold.
Based on aggregated 13F filings for Q1 2017.