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Wells Fargo 7.5% Non Cumv Perp Conv

198 hedge funds and large institutions have $3.6B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $3.15B → $3.6B (+$444M)

13% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 48

1.64% more ownership

Funds ownership: 58.55%60.19% (+1.6%)

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less funds holding

Funds holding: 199198 (-1)

Holders
198
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.34%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.26%
New
19
Increased
54
Reduced
48
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
51
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.03M +$214K +150 +5%
TB
52
Terril Brothers
Missouri
$4.94M +$1.35M +950 +41%
FFA
53
First Foundation Advisors
California
$4.76M -$568K -398 -11%
DZ Bank
54
DZ Bank
Germany
$4.57M
WIM
55
Wittenberg Investment Management
Massachusetts
$4.54M -$85.6K -60 -2%
Zurich Cantonal Bank
56
Zurich Cantonal Bank
Switzerland
$4.45M
Neuberger Berman Group
57
Neuberger Berman Group
New York
$4.29M +$58.5K +41 +1%
RVPG
58
Relative Value Partners Group
$4.29M +$359K +252 +10%
CIC
59
Crawford Investment Counsel
Georgia
$4.24M +$85.6K +60 +2%
EHC
60
Everett Harris & Co
California
$4.13M +$143K +100 +4%
VFA
61
Valeo Financial Advisors
Indiana
$3.84M -$61.3K -43 -2%
KFGK
62
Keystone Financial Group (Kentucky)
Kentucky
$3.76M +$7.13K +5 +0.2%
RJFSA
63
Raymond James Financial Services Advisors
Florida
$3.56M -$69.9K -49 -2%
SL
64
Summitry LLC
California
$3.42M +$165K +116 +5%
LTI
65
Laffer Tengler Investments
Tennessee
$3.21M +$25.7K +18 +0.9%
LPL Financial
66
LPL Financial
California
$3.06M +$157K +110 +6%
VHAM
67
Van Hulzen Asset Management
California
$3.04M +$153K +107 +6%
FCMC
68
Founders Capital Management (Connecticut)
Connecticut
$2.62M +$42.8K +30 +2%
NFC
69
Northeast Financial Consultants
Connecticut
$2.56M
PHS
70
Pekin Hardy Strauss
Illinois
$2.52M -$143K -100 -6%
Janney Montgomery Scott
71
Janney Montgomery Scott
Pennsylvania
$2.26M +$228K +160 +12%
GF
72
Gabelli Funds
New York
$2.25M
Wells Fargo
73
Wells Fargo
California
$2.21M -$95.5K -67 -4%
US Bancorp
74
US Bancorp
Minnesota
$2.18M -$5.7K -4 -0.3%
UFG
75
United Fire Group
Iowa
$2.12M

WFC.PRL Hedge Fund Activity: Q3 2019 in Review

198 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2019, worth a combined $3.6B — up 14% from $3.15B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 18 closed out — a net gain of 1 holder — while 54 added to existing stakes and 48 trimmed.

The largest buyer was BlackRock, adding an estimated $250M. The largest seller was Camden Asset Management, cutting an estimated $77.8M.

  • 198 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2019, down from 199 in Q2 2019.
  • Funds reported $3.6B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2019, up 14% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2019 and 18 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2019 was BlackRock, an estimated $250M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2019 was Camden Asset Management, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2019.