Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
256 hedge funds and large institutions have $2.85B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2024 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 79 reducing their positions, and 20 closing their positions.
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
3.54% more ownership
Funds ownership: 63.51% → 67.05% (+3.5%)
0% more funds holding
Funds holding: 255 → 256 (+1)
9% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 79
9% less capital invested
Capital invested by funds: $3.12B → $2.85B (-$274M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
+$272M |
| 2 |
UIA
Ulland Investment Advisors
Minneapolis,
Minnesota
|
+$10.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.32M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$8.06M |
| 5 |
BlackRock
New York
|
+$7.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.2M |
| 2 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
-$35.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.5M |
| 4 |
ACM
Advent Capital Management
New York
|
-$10.2M |
| 5 |
First Manhattan
New York
|
-$9.31M |
WFC.PRL Hedge Fund Activity: Q4 2024 in Review
256 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2024, worth a combined $2.85B — down 8.8% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new WFC.PRL positions and 20 closed out — a net gain of 5 holders — while 72 added to existing stakes and 79 trimmed.
The largest buyer was Edge Capital Group, opening a new position worth an estimated $272M. The largest seller was Fidelity Investments, cutting an estimated $40.2M.
- 256 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2024, up from 255 in Q3 2024.
- Funds reported $2.85B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2024, down 8.8% quarter-over-quarter.
- 25 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2024 and 20 closed out, a net change of +5 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2024 was Edge Capital Group, an estimated $272M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2024 was Fidelity Investments, an estimated $40.2M sold.
Based on aggregated 13F filings for Q4 2024.