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Wells Fargo 7.5% Non Cumv Perp Conv

192 hedge funds and large institutions have $2.91B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

1.67% more ownership

Funds ownership: 63.93%65.6% (+1.7%)

2% more funds holding

Funds holding: 189192 (+3)

2% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 45

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

9% less capital invested

Capital invested by funds: $3.18B → $2.91B (-$277M)

Holders
192
Holders Change
+3
Holders Change %
+1.59%
% of All Funds
4.4%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.25%
New
19
Increased
46
Reduced
45
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$23.3M +$1.17M +919 +5%
PCM
27
Palisade Capital Management
New Jersey
$21.7M -$50.9K -40 -0.2%
KIA
28
KCM Investment Advisors
California
$16.8M -$300K -236 -2%
NEAM
29
New England Asset Management
Connecticut
$16.7M
Neuberger Berman Group
30
Neuberger Berman Group
New York
$16.4M -$1.36M -1,073 -8%
Ameriprise
31
Ameriprise
Minnesota
$15.9M +$1.31M +1,034 +9%
NIMC
32
NWQ Investment Management Company
California
$15.2M
AUIM
33
Aegon USA Investment Management
Iowa
$14.1M
UBS Group
34
UBS Group
Switzerland
$12.6M -$957K -753 -7%
AllianceBernstein
35
AllianceBernstein
Tennessee
$11.3M +$6.36K +5 +0.1%
P8IP
36
Pier 88 Investment Partners
California
$8.94M
PI
37
Putnam Investments
Massachusetts
$8.59M -$520K -409 -6%
OCM
38
Oaktree Capital Management
California
$8.4M -$18.4M -14,500 -68%
RJA
39
Raymond James & Associates
Florida
$7.83M +$624K +491 +9%
PMLI
40
Penn Mutual Life Insurance
Pennsylvania
$7.55M
RCM
41
RB Capital Management
Nevada
$7.38M +$1.01M +797 +16%
JIC
42
JRM Investment Counsel
Nebraska
$7.2M +$258K +203 +4%
RCYC
43
Richard C. Young & Co
Rhode Island
$7.14M -$50.9K -40 -0.7%
Stifel Financial
44
Stifel Financial
Missouri
$6.45M +$640K +503 +11%
FC
45
Flaherty & Crumrine
California
$6.23M
First Manhattan
46
First Manhattan
New York
$6.06M -$1.68M -1,323 -22%
Federated Hermes
47
Federated Hermes
Pennsylvania
$5.38M
EVM
48
Eaton Vance Management
Massachusetts
$5.2M -$5.25M -4,132 -50%
DZ Bank
49
DZ Bank
Germany
$5.16M
CIC
50
Chilton Investment Company
Connecticut
$4.97M -$669K -526 -12%

WFC.PRL Hedge Fund Activity: Q2 2018 in Review

192 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2018, worth a combined $2.91B — down 8.7% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 16 closed out — a net gain of 3 holders — while 46 added to existing stakes and 45 trimmed.

The largest buyer was State Street, opening a new position worth an estimated $144M. The largest seller was Franklin Resources, cutting an estimated $145M.

  • 192 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2018, up from 189 in Q1 2018.
  • Funds reported $2.91B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2018, down 8.7% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2018 and 16 closed out, a net change of +3 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2018 was State Street, an estimated $144M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2018 was Franklin Resources, an estimated $145M sold.

Based on aggregated 13F filings for Q2 2018.