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Wells Fargo 7.5% Non Cumv Perp Conv

116 hedge funds and large institutions have $3.24B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

1% more funds holding

Funds holding: 115116 (+1)

0.12% more ownership

Funds ownership: 78.89%79.01% (+0.12%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

54% less capital invested

Capital invested by funds: $7.06B → $3.24B (-$3.82B)

Holders
116
Holders Change
+1
Holders Change %
+0.87%
% of All Funds
3.37%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
15
Increased
31
Reduced
29
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
51
Guggenheim Capital
Illinois
$4.21M -$7.53M -6,678 -64%
KeyBank National Association
52
KeyBank National Association
Ohio
$4.15M -$288K -255 -6%
SIM
53
SSI Investment Management
California
$3.58M -$3.23M -2,868 -47%
LTI
54
Laffer Tengler Investments
Tennessee
$3.52M +$3.58M +3,171 New
Wells Fargo
55
Wells Fargo
California
$3.36M -$153K -136 -4%
CAM
56
Cypress Asset Management
Texas
$2.97M -$386K -342 -11%
AIP
57
Ameritas Investment Partners
Nebraska
$2M
First Manhattan
58
First Manhattan
New York
$1.96M -$11.3K -10 -0.6%
SA
59
Strategic Advisors
New York
$1.95M -$11.3K -10 -0.6%
DDPIC
60
Deroy & Devereaux Private Investment Counsel
Michigan
$1.9M +$1.93M +1,714 New
Mirae Asset Global Investments
61
Mirae Asset Global Investments
South Korea
$1.9M +$77.8K +69 +4%
HK
62
Horizon Kinetics
New York
$1.8M -$14.7K -13 -0.8%
DLG
63
Daniel L. Goodwin
$1.78M
BIM
64
BlackRock Investment Management
Delaware
$1.73M
U
65
UBS
Switzerland
$1.64M -$563K -499 -25%
Commonwealth Equity Services
66
Commonwealth Equity Services
Massachusetts
$1.63M -$22.6K -20 -1%
CI
67
Conning Inc
Connecticut
$1.6M
UFG
68
United Fire Group
Iowa
$1.55M +$1.58M +1,400 New
WTC
69
WhitTier Trust Company
Nevada
$1.36M +$56.4K +50 +4%
Bank of New York Mellon
70
Bank of New York Mellon
New York
$1.35M -$1.75M -1,551 -56%
Royal Bank of Canada
71
Royal Bank of Canada
Ontario, Canada
$1.35M
CBB
72
Citizens Business Bank
California
$1.33M
WT
73
Whittier Trust
California
$1.08M -$50.7K -45 -4%
US Bancorp
74
US Bancorp
Minnesota
$1.03M
Deutsche Bank
75
Deutsche Bank
Germany
$1.02M -$4.12M -3,653 -80%

WFC.PRL Hedge Fund Activity: Q4 2013 in Review

116 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2013, worth a combined $3.24B — down 54% from $7.06B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new WFC.PRL positions and 13 closed out — a net gain of 2 holders — while 31 added to existing stakes and 29 trimmed.

The largest buyer was American Century Companies, adding an estimated $39.5M. The largest seller was Calamos Advisors, cutting an estimated $84.9M.

  • 116 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2013, up from 115 in Q3 2013.
  • Funds reported $3.24B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2013, down 54% quarter-over-quarter.
  • 15 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2013 and 13 closed out, a net change of +2 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2013 was American Century Companies, an estimated $39.5M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2013 was Calamos Advisors, an estimated $84.9M sold.

Based on aggregated 13F filings for Q4 2013.