Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
201 hedge funds and large institutions have $2.93B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 58 reducing their positions, and 20 closing their positions.
3% less capital invested
Capital invested by funds: $3.02B → $2.93B (-$89.6M)
1% less funds holding
Funds holding: 204 → 201 (-3)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
12.59% less ownership
Funds ownership: 69.54% → 56.95% (-13%)
22% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 58
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$25.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$19M |
| 3 |
Goldman Sachs
New York
|
+$7.68M |
| 4 |
BlackRock
New York
|
+$7.48M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$511M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$78.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.7M |
| 4 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$28.1M |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$26.3M |
WFC.PRL Hedge Fund Activity: Q2 2020 in Review
201 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2020, worth a combined $2.93B — down 3% from $3.02B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of WFC.PRL and 18 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 45 added.
The largest buyer was VOYA Investment Management, opening a new position worth an estimated $25.4M. The largest seller was Osaic Holdings, cutting an estimated $511M.
- 201 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2020, down from 204 in Q1 2020.
- Funds reported $2.93B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2020, down 3% quarter-over-quarter.
- 18 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2020 and 20 closed out, a net change of -2 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2020 was VOYA Investment Management, an estimated $25.4M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2020 was Osaic Holdings, an estimated $511M sold.
Based on aggregated 13F filings for Q2 2020.