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Wells Fargo 7.5% Non Cumv Perp Conv

183 hedge funds and large institutions have $3.41B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 38 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

34% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 38

5% more funds holding

Funds holding: 175183 (+8)

5% more capital invested

Capital invested by funds: $3.25B → $3.41B (+$158M)

0.36% less ownership

Funds ownership: 68.22%67.87% (-0.36%)

Holders
183
Holders Change
+8
Holders Change %
+4.57%
% of All Funds
4.56%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.25%
New
20
Increased
51
Reduced
38
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JIC
51
JRM Investment Counsel
Nebraska
$7.66M -$1.13M -889 -13%
Stifel Financial
52
Stifel Financial
Missouri
$6.63M +$558K +438 +9%
CIC
53
Chilton Investment Company
Connecticut
$5.87M
Federated Hermes
54
Federated Hermes
Pennsylvania
$5.61M
RCM
55
RB Capital Management
Nevada
$5.46M +$330K +259 +7%
SEI Investments
56
SEI Investments
Pennsylvania
$5.28M -$5.22M -4,099 -50%
Deutsche Bank
57
Deutsche Bank
Germany
$5.19M -$3.33M -2,617 -40%
EIA
58
Edgemoor Investment Advisors
Maryland
$5.04M +$43.3K +34 +0.9%
Macquarie Group
59
Macquarie Group
Australia
$4.33M
IRM
60
Income Research & Management
Massachusetts
$4.33M -$2.53M -1,988 -38%
CCMU
61
Cheyne Capital Management (UK)
United Kingdom
$4.33M
WIM
62
Wittenberg Investment Management
Massachusetts
$4.14M
EAM
63
Eagle Asset Management
Florida
$3.94M +$3.82M +3,000 New
FFA
64
First Foundation Advisors
California
$3.93M -$86.6K -68 -2%
GC
65
Guggenheim Capital
Illinois
$3.91M -$531K -417 -12%
CI
66
Conning Inc
Connecticut
$3.57M
Cohen & Steers
67
Cohen & Steers
New York
$3.47M
RJA
68
Raymond James & Associates
Florida
$3.43M +$230K +181 +7%
LTI
69
Laffer Tengler Investments
Tennessee
$3.41M -$20.4K -16 -0.6%
GF
70
Gabelli Funds
New York
$3.28M
CSM
71
CAMG Solamere Management
North Carolina
$2.99M
DDPIC
72
Deroy & Devereaux Private Investment Counsel
Michigan
$2.86M -$64.9K -51 -2%
NPF
73
Norris Perne & French
Michigan
$2.86M +$92.9K +73 +3%
WT
74
Whittier Trust
California
$2.8M -$741K -582 -21%
EHC
75
Everett Harris & Co
California
$2.79M +$223K +175 +9%

WFC.PRL Hedge Fund Activity: Q2 2017 in Review

183 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2017, worth a combined $3.41B — up 4.8% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new WFC.PRL positions and 12 closed out — a net gain of 8 holders — while 51 added to existing stakes and 38 trimmed.

The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $37.4M. The largest seller was American Century Companies, cutting an estimated $109M.

  • 183 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2017, up from 175 in Q1 2017.
  • Funds reported $3.41B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2017, up 4.8% quarter-over-quarter.
  • 20 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2017 and 12 closed out, a net change of +8 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2017 was Oaktree Capital Management, an estimated $37.4M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2017 was American Century Companies, an estimated $109M sold.

Based on aggregated 13F filings for Q2 2017.