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Wells Fargo 7.5% Non Cumv Perp Conv

183 hedge funds and large institutions have $3.41B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 38 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

34% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 38

5% more funds holding

Funds holding: 175183 (+8)

5% more capital invested

Capital invested by funds: $3.25B → $3.41B (+$158M)

0.36% less ownership

Funds ownership: 68.22%67.87% (-0.36%)

Holders
183
Holders Change
+8
Holders Change %
+4.57%
% of All Funds
4.56%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.25%
New
20
Increased
51
Reduced
38
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$21.6M +$2.28M +1,794 +12%
PCM
27
Palisade Capital Management
New Jersey
$21.6M -$177K -139 -0.8%
SIM
28
SSI Investment Management
California
$21.5M +$911K +716 +5%
AU
29
Algebris (UK)
United Kingdom
$20.1M +$19.5M +15,300 New
Neuberger Berman Group
30
Neuberger Berman Group
New York
$19.1M +$70K +55 +0.4%
ClearBridge Investments
31
ClearBridge Investments
New York
$19M -$5.65M -4,440 -23%
KIA
32
KCM Investment Advisors
California
$18M -$290K -228 -2%
NEAM
33
New England Asset Management
Connecticut
$17.4M
SC
34
Sculptor Capital
New York
$14.4M +$2.16M +1,700 +18%
Bank of Montreal
35
Bank of Montreal
Ontario, Canada
$14.2M
Manulife (Manufacturers Life Insurance)
36
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.6M +$7.54M +5,923 +134%
Ameriprise
37
Ameriprise
Minnesota
$13.5M -$45.1M -35,396 -77%
P8IP
38
Pier 88 Investment Partners
California
$13.2M
PI
39
Putnam Investments
Massachusetts
$12.8M +$3.13M +2,458 +34%
Loomis, Sayles & Company
40
Loomis, Sayles & Company
Massachusetts
$12.4M -$1.06M -829 -0.4%
AUIM
41
Aegon USA Investment Management
Iowa
$11.7M +$11.3M +8,915 New
AllianceBernstein
42
AllianceBernstein
Tennessee
$10.6M +$76.4K +60 +0.8%
First Manhattan
43
First Manhattan
New York
$9.14M
ZA
44
Zazove Associates
Nevada
$9.05M -$242K -190 -3%
GXMC
45
Global X Management Company
New York
$8.57M +$8.32M +6,536 New
UBS Group
46
UBS Group
Switzerland
$8.34M +$341K +268 +4%
KAM
47
Knightsbridge Asset Management
California
$7.98M +$45.8K +36 +0.6%
DZ Bank
48
DZ Bank
Germany
$7.87M
SG Americas Securities
49
SG Americas Securities
New York
$7.87M
RCYC
50
Richard C. Young & Co
Rhode Island
$7.73M +$252K +198 +3%

WFC.PRL Hedge Fund Activity: Q2 2017 in Review

183 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2017, worth a combined $3.41B — up 4.8% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new WFC.PRL positions and 12 closed out — a net gain of 8 holders — while 51 added to existing stakes and 38 trimmed.

The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $37.4M. The largest seller was American Century Companies, cutting an estimated $109M.

  • 183 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2017, up from 175 in Q1 2017.
  • Funds reported $3.41B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2017, up 4.8% quarter-over-quarter.
  • 20 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2017 and 12 closed out, a net change of +8 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2017 was Oaktree Capital Management, an estimated $37.4M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2017 was American Century Companies, an estimated $109M sold.

Based on aggregated 13F filings for Q2 2017.