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Wells Fargo 7.5% Non Cumv Perp Conv

194 hedge funds and large institutions have $2.99B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 25

2% more funds holding

Funds holding: 191194 (+3)

3.99% less ownership

Funds ownership: 65.2%61.21% (-4%)

6% less capital invested

Capital invested by funds: $3.18B → $2.99B (-$190M)

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
194
Holders Change
+3
Holders Change %
+1.57%
% of All Funds
4.32%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.2%
New
29
Increased
49
Reduced
55
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DZ Bank
51
DZ Bank
Germany
$4.54M +$4.56M +3,600 New
Zurich Cantonal Bank
52
Zurich Cantonal Bank
Switzerland
$4.42M
NPF
53
Norris Perne & French
Michigan
$4.37M -$12.7K -10 -0.3%
Goldman Sachs
54
Goldman Sachs
New York
$4.35M +$1.83M +1,447 +72%
IRM
55
Income Research & Management
Massachusetts
$4.14M
FFA
56
First Foundation Advisors
California
$4.1M +$1.27K +1 +0%
Manulife (Manufacturers Life Insurance)
57
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.05M -$98.6M -77,799 -96%
CI
58
Conning Inc
Connecticut
$3.91M +$1.39M +1,100 +55%
WIM
59
Wittenberg Investment Management
Massachusetts
$3.84M +$25.3K +20 +0.7%
HCM
60
Hudson Capital Management
New Jersey
$3.65M +$294K +232 +9%
EHC
61
Everett Harris & Co
California
$3.31M -$19K -15 -0.6%
CIC
62
Crawford Investment Counsel
Georgia
$3.2M +$326K +257 +11%
KFGK
63
Keystone Financial Group (Kentucky)
Kentucky
$3.09M +$507K +400 +20%
Millennium Management
64
Millennium Management
New York
$3.01M +$3.02M +2,386 New
VFA
65
Valeo Financial Advisors
Indiana
$2.88M -$158K -125 -5%
RJFSA
66
Raymond James Financial Services Advisors
Florida
$2.78M -$1.75M -1,379 -39%
LTI
67
Laffer Tengler Investments
Tennessee
$2.75M -$55.7K -44 -2%
SEI Investments
68
SEI Investments
Pennsylvania
$2.68M
GF
69
Gabelli Funds
New York
$2.63M
AIP
70
Ameritas Investment Partners
Nebraska
$2.42M +$2.43M +1,920 New
VHAM
71
Van Hulzen Asset Management
California
$2.37M -$91.2K -72 -4%
SC
72
Scotia Capital
Ontario, Canada
$2.18M +$234K +185 +12%
Wells Fargo
73
Wells Fargo
California
$2.17M -$51.9K -41 -2%
LPL Financial
74
LPL Financial
California
$2.1M -$64.6K -51 -3%
HFS
75
HL Financial Services
Kentucky
$2.02M +$95K +75 +5%

WFC.PRL Hedge Fund Activity: Q4 2018 in Review

194 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2018, worth a combined $2.99B — down 6% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new WFC.PRL positions and 25 closed out — a net gain of 4 holders — while 49 added to existing stakes and 55 trimmed.

The largest buyer was Camden Asset Management, adding an estimated $134M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $98.6M.

  • 194 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2018, up from 191 in Q3 2018.
  • Funds reported $2.99B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2018, down 6% quarter-over-quarter.
  • 29 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2018 and 25 closed out, a net change of +4 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2018 was Camden Asset Management, an estimated $134M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $98.6M sold.

Based on aggregated 13F filings for Q4 2018.