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Wells Fargo 7.5% Non Cumv Perp Conv

210 hedge funds and large institutions have $2.8B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 53 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

15% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 53

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

6.76% more ownership

Funds ownership: 56.95%63.71% (+6.8%)

4% more funds holding

Funds holding: 201210 (+9)

4% less capital invested

Capital invested by funds: $2.93B → $2.8B (-$126M)

Holders
210
Holders Change
+9
Holders Change %
+4.48%
% of All Funds
4.24%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.2%
New
21
Increased
61
Reduced
53
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lord, Abbett & Co
26
Lord, Abbett & Co
New Jersey
$18.2M -$13.2M -9,774 -42%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$17.9M +$1.13M +839 +7%
NEAM
28
New England Asset Management
Connecticut
$17.8M
P8IP
29
Pier 88 Investment Partners
California
$15.5M +$8.19M +6,060 +110%
AllianceBernstein
30
AllianceBernstein
Tennessee
$12.7M -$142K -105 -1%
UBS Group
31
UBS Group
Switzerland
$12.4M -$417K -309 -3%
JIC
32
JRM Investment Counsel
Nebraska
$12M +$1.94M +1,435 +19%
AUIM
33
Aegon USA Investment Management
Iowa
$11.8M +$1.35M +1,000 +13%
First Eagle Investment Management
34
First Eagle Investment Management
New York
$11.5M
SC
35
Sculptor Capital
New York
$11.4M +$11.5M +8,500 New
EVM
36
Eaton Vance Management
Massachusetts
$11.1M
Loomis, Sayles & Company
37
Loomis, Sayles & Company
Massachusetts
$10.4M +$595M +440,814 New
TD Asset Management
38
TD Asset Management
Ontario, Canada
$10.1M +$10.1M +7,500 New
RCM
39
RB Capital Management
Nevada
$9.08M +$5.4K +4 +0.1%
CIC
40
Chilton Investment Company
Connecticut
$8.62M +$871K +645 +11%
OA
41
Oxbow Advisors
Texas
$8.11M +$779K +577 +11%
SG Americas Securities
42
SG Americas Securities
New York
$8.05M
Goldman Sachs
43
Goldman Sachs
New York
$7.7M
Stifel Financial
44
Stifel Financial
Missouri
$7.6M -$284K -210 -4%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$7.54M +$1.48M +1,093 +24%
First Manhattan
46
First Manhattan
New York
$7.14M +$444K +329 +7%
CI
47
Conning Inc
Connecticut
$7.13M
PI
48
Putnam Investments
Massachusetts
$6.87M
RCYC
49
Richard C. Young & Co
Rhode Island
$6.58M -$62.1K -46 -0.9%
KAS
50
Kestra Advisory Services
Texas
$5.81M +$89.1K +66 New

WFC.PRL Hedge Fund Activity: Q3 2020 in Review

210 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2020, worth a combined $2.8B — down 4.3% from $2.93B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new WFC.PRL positions and 10 closed out — a net gain of 11 holders — while 61 added to existing stakes and 53 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $595M. The largest seller was T. Rowe Price Associates, cutting an estimated $598M.

  • 210 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2020, up from 201 in Q2 2020.
  • Funds reported $2.8B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2020, down 4.3% quarter-over-quarter.
  • 21 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2020 and 10 closed out, a net change of +11 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2020 was Loomis, Sayles & Company, an estimated $595M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2020 was T. Rowe Price Associates, an estimated $598M sold.

Based on aggregated 13F filings for Q3 2020.