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Wells Fargo 7.5% Non Cumv Perp Conv

198 hedge funds and large institutions have $3.6B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $3.15B → $3.6B (+$444M)

13% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 48

1.64% more ownership

Funds ownership: 58.55%60.19% (+1.6%)

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less funds holding

Funds holding: 199198 (-1)

Holders
198
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.34%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.26%
New
19
Increased
54
Reduced
48
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIA
26
KCM Investment Advisors
California
$20M +$95.5K +67 +0.5%
AllianceBernstein
27
AllianceBernstein
Tennessee
$15.8M -$271K -190 -2%
New York State Common Retirement Fund
28
New York State Common Retirement Fund
New York
$14.4M
P8IP
29
Pier 88 Investment Partners
California
$14.3M +$38.5K +27 +0.3%
UBS Group
30
UBS Group
Switzerland
$13.3M +$1.2M +842 +11%
PI
31
Putnam Investments
Massachusetts
$13.1M +$3.44M +2,415 +39%
First Eagle Investment Management
32
First Eagle Investment Management
New York
$13M
AUIM
33
Aegon USA Investment Management
Iowa
$11.7M -$2M -1,400 -15%
JIC
34
JRM Investment Counsel
Nebraska
$11.7M +$5.7K +4 +0.1%
Ameriprise
35
Ameriprise
Minnesota
$11.6M -$8.49M -5,954 -44%
RCM
36
RB Capital Management
Nevada
$9.52M +$120K +84 +1%
Stifel Financial
37
Stifel Financial
Missouri
$9.28M +$221K +155 +3%
PMAM
38
Penn Mutual Asset Management
Pennsylvania
$9.13M +$2.85M +2,000 +50%
RCYC
39
Richard C. Young & Co
Rhode Island
$7.91M -$39.9K -28 -0.5%
First Manhattan
40
First Manhattan
New York
$7.77M
KAM
41
Knightsbridge Asset Management
California
$7.18M +$6.72M +4,715 New
OA
42
Oxbow Advisors
Texas
$7.12M +$328K +230 +5%
CI
43
Conning Inc
Connecticut
$6.96M +$1.77M +1,240 +37%
EVM
44
Eaton Vance Management
Massachusetts
$6.29M
CIC
45
Chilton Investment Company
Connecticut
$5.88M
DDPIC
46
Deroy & Devereaux Private Investment Counsel
Michigan
$5.67M -$107K -75 -2%
NPF
47
Norris Perne & French
Michigan
$5.49M -$94.1K -66 -2%
EIA
48
Edgemoor Investment Advisors
Maryland
$5.47M -$114K -80 -2%
HCM
49
Hudson Capital Management
New Jersey
$5.43M +$173K +121 +4%
Baird Financial Group
50
Baird Financial Group
Wisconsin
$5.28M -$120K -84 -2%

WFC.PRL Hedge Fund Activity: Q3 2019 in Review

198 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2019, worth a combined $3.6B — up 14% from $3.15B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 18 closed out — a net gain of 1 holder — while 54 added to existing stakes and 48 trimmed.

The largest buyer was BlackRock, adding an estimated $250M. The largest seller was Camden Asset Management, cutting an estimated $77.8M.

  • 198 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2019, down from 199 in Q2 2019.
  • Funds reported $3.6B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2019, up 14% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2019 and 18 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2019 was BlackRock, an estimated $250M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2019 was Camden Asset Management, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2019.