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Wells Fargo 7.5% Non Cumv Perp Conv

228 hedge funds and large institutions have $2.85B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

19% more capital invested

Capital invested by funds: $2.39B → $2.85B (+$456M)

18% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 60

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% less funds holding

Funds holding: 230228 (-2)

4.71% less ownership

Funds ownership: 89.22%84.51% (-4.7%)

Holders
228
Holders Change
-2
Holders Change %
-0.87%
% of All Funds
3.93%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.17%
New
18
Increased
71
Reduced
60
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JIC
26
JRM Investment Counsel
Nebraska
$17.1M +$48.8K +39 +0.3%
NEAM
27
New England Asset Management
Connecticut
$16M
GGS
28
Galvin Gaustad & Stein
Arizona
$15.3M +$944K +754 +6%
Lord, Abbett & Co
29
Lord, Abbett & Co
New Jersey
$14.6M -$712K -569 -4%
First Manhattan
30
First Manhattan
New York
$14.1M +$517K +413 +4%
OA
31
Oxbow Advisors
Texas
$14M +$207K +165 +1%
AllianceBernstein
32
AllianceBernstein
Tennessee
$13.2M -$682K -545 -5%
New York State Common Retirement Fund
33
New York State Common Retirement Fund
New York
$12.8M +$1.68M +1,342 +14%
PCM
34
Palisade Capital Management
New Jersey
$12.2M -$2.45M -1,955 -16%
Calamos Advisors
35
Calamos Advisors
Illinois
$11.7M +$23.8K +19 +0.2%
RCM
36
RB Capital Management
Nevada
$11.3M +$201K +161 +2%
JP Morgan Chase
37
JP Morgan Chase
New York
$11.1M -$6.09M -4,864 -34%
Citigroup
38
Citigroup
New York
$10.1M -$1.15M -920 -10%
AUIM
39
Aegon USA Investment Management
Iowa
$9.37M
UBS Group
40
UBS Group
Switzerland
$9.09M +$507K +405 +6%
CI
41
Conning Inc
Connecticut
$8.55M
EVM
42
Eaton Vance Management
Massachusetts
$8.28M -$32.1M -25,673 -78%
NPF
43
Norris Perne & French
Michigan
$7.49M +$373K +298 +5%
PMAM
44
Penn Mutual Asset Management
Pennsylvania
$7.22M +$7.51M +6,000 New
WAMC
45
Western Asset Management Company
California
$7.06M
Stifel Financial
46
Stifel Financial
Missouri
$6.61M -$353K -282 -5%
RJA
47
Raymond James & Associates
Florida
$6.55M -$1.1M -875 -14%
Neuberger Berman Group
48
Neuberger Berman Group
New York
$6.27M -$831K -664 -11%
Baird Financial Group
49
Baird Financial Group
Wisconsin
$5.86M -$228K -182 -4%
RCYC
50
Richard C. Young & Co
Rhode Island
$5.52M -$33.8K -27 -0.6%

WFC.PRL Hedge Fund Activity: Q3 2022 in Review

228 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2022, worth a combined $2.85B — up 19% from $2.39B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new WFC.PRL positions and 17 closed out — a net gain of 1 holder — while 71 added to existing stakes and 60 trimmed.

The largest buyer was VOYA Investment Management, adding an estimated $454M. The largest seller was Russell Investments Group, cutting an estimated $728M.

  • 228 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2022, down from 230 in Q2 2022.
  • Funds reported $2.85B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2022, up 19% quarter-over-quarter.
  • 18 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2022 and 17 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2022 was VOYA Investment Management, an estimated $454M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2022 was Russell Investments Group, an estimated $728M sold.

Based on aggregated 13F filings for Q3 2022.