Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
29 hedge funds and large institutions have $48.3M invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 37 closing their positions.
7.22% less ownership
Funds ownership: 8.07% → 0.86% (-7.2%)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
52% less funds holding
Funds holding: 61 → 29 (-32)
84% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 37
90% less capital invested
Capital invested by funds: $486M → $48.3M (-$438M)
100% less funds holding in top 10
Funds holding in top 10: 5 → 0 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLWA
Kelly Lawrence W & Associates
Pasadens,
California
|
+$1.68M |
| 2 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$1.37M |
| 3 |
SAM
Seelaus Asset Management
Chatham,
New Jersey
|
+$1.35M |
| 4 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$776K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$143M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$139M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$55.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$26.8M |
| 5 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
-$17.7M |
WFC.PRL Hedge Fund Activity: Q1 2021 in Review
29 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2021, worth a combined $48.3M — down 90% from $486M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of WFC.PRL and 6 opened new positions — a net loss of 31 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Kelly Lawrence W & Associates, opening a new position worth an estimated $1.68M. The largest seller was Camden Asset Management, exiting entirely with an estimated $143M sold.
- 29 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2021, down from 61 in Q4 2020.
- Funds reported $48.3M of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2021, down 90% quarter-over-quarter.
- 6 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2021 and 37 closed out, a net change of -31 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2021 was Kelly Lawrence W & Associates, an estimated $1.68M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2021 was Camden Asset Management, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2021.