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Wells Fargo 7.5% Non Cumv Perp Conv

116 hedge funds and large institutions have $3.24B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

1% more funds holding

Funds holding: 115116 (+1)

0.12% more ownership

Funds ownership: 78.89%79.01% (+0.12%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

54% less capital invested

Capital invested by funds: $7.06B → $3.24B (-$3.82B)

Holders
116
Holders Change
+1
Holders Change %
+0.87%
% of All Funds
3.37%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
15
Increased
31
Reduced
29
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
76
Russell Frank Company
Washington
$993K
HFS
77
HL Financial Services
Kentucky
$976K
VHAM
78
Van Hulzen Asset Management
California
$965K +$980K +869 New
LPL Financial
79
LPL Financial
California
$889K +$58.6K +52 +7%
UCFA
80
United Capital Financial Advisors
Texas
$833K +$846K +750 New
KIA
81
KCM Investment Advisors
California
$745K +$757K +671 New
Morgan Stanley
82
Morgan Stanley
New York
$737K -$8.41M -7,457 -92%
FNBOO
83
First National Bank of Omaha
Nebraska
$694K
Mackenzie Financial
84
Mackenzie Financial
Ontario, Canada
$691K +$293K +260 +71%
William Blair & Company
85
William Blair & Company
Illinois
$611K
V
86
ValueWorks
New York
$591K -$15.8K -14 -3%
NFC
87
Northeast Financial Consultants
Connecticut
$583K +$592K +525 New
IA
88
Icon Advisers
Colorado
$555K +$226K +200 +67%
GAG
89
GM Advisory Group
New York
$519K +$528K +468 New
BlackRock
90
BlackRock
New York
$431K
Bessemer Group
91
Bessemer Group
New Jersey
$417K
HA
92
Hamel Associates
New Jersey
$411K +$417K +370 New
CIM
93
Calvert Investment Management
Maryland
$398K +$124K +110 +44%
Bank of Montreal
94
Bank of Montreal
Ontario, Canada
$366K
CSC
95
Cove Street Capital
California
$350K
Northern Trust
96
Northern Trust
Illinois
$324K -$36.1K -32 -10%
EAM
97
EULAV Asset Management
Florida
$276K
WFG
98
Windsor Financial Group
Minnesota
$255K
BIT
99
BlackRock Institutional Trust
California
$251K
AIG
100
American International Group
New York
$242K +$19.2K +17 +8%

WFC.PRL Hedge Fund Activity: Q4 2013 in Review

116 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2013, worth a combined $3.24B — down 54% from $7.06B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new WFC.PRL positions and 13 closed out — a net gain of 2 holders — while 31 added to existing stakes and 29 trimmed.

The largest buyer was American Century Companies, adding an estimated $39.5M. The largest seller was Calamos Advisors, cutting an estimated $84.9M.

  • 116 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2013, up from 115 in Q3 2013.
  • Funds reported $3.24B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2013, down 54% quarter-over-quarter.
  • 15 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2013 and 13 closed out, a net change of +2 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2013 was American Century Companies, an estimated $39.5M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2013 was Calamos Advisors, an estimated $84.9M sold.

Based on aggregated 13F filings for Q4 2013.