Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
113 hedge funds and large institutions have $3.55B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
3.35% more ownership
Funds ownership: 77.32% → 80.67% (+3.3%)
3% more funds holding
Funds holding: 110 → 113 (+3)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
1% less capital invested
Capital invested by funds: $3.57B → $3.55B (-$20.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$157M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20.3M |
| 4 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$12.9M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$9.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$20.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$19.6M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$10.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.74M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.61M |
WFC.PRL Hedge Fund Activity: Q3 2014 in Review
113 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2014, worth a combined $3.55B — down 0.58% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new WFC.PRL positions and 7 closed out — a net gain of 3 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Palisade Capital Management, adding an estimated $157M. The largest seller was Zazove Associates, exiting entirely with an estimated $20.5M sold.
- 113 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2014, up from 110 in Q2 2014.
- Funds reported $3.55B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2014, down 0.58% quarter-over-quarter.
- 10 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2014 and 7 closed out, a net change of +3 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2014 was Palisade Capital Management, an estimated $157M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2014 was Zazove Associates, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2014.