Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
114 hedge funds and large institutions have $7.08B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 10 closing their positions.
99% more capital invested
Capital invested by funds: $3.55B → $7.08B (+$3.53B)
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
1% more funds holding
Funds holding: 113 → 114 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4.67% less ownership
Funds ownership: 80.67% → 75.99% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
+$28.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$20M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$15M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$155M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$57.2M |
| 3 |
ACM
Advent Capital Management
New York
|
-$50.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$36.3M |
| 5 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$13.5M |
WFC.PRL Hedge Fund Activity: Q4 2014 in Review
114 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2014, worth a combined $7.08B — up 99% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new WFC.PRL positions and 10 closed out — a net gain of 5 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Calamos Advisors, adding an estimated $28.4M. The largest seller was Palisade Capital Management, cutting an estimated $155M.
- 114 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2014, up from 113 in Q3 2014.
- Funds reported $7.08B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2014, up 99% quarter-over-quarter.
- 15 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2014 and 10 closed out, a net change of +5 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2014 was Calamos Advisors, an estimated $28.4M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2014 was Palisade Capital Management, an estimated $155M sold.
Based on aggregated 13F filings for Q4 2014.