Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
148 hedge funds and large institutions have $3.37B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 48 reducing their positions, and 17 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
2% less capital invested
Capital invested by funds: $3.44B → $3.37B (-$67.6M)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
2.05% less ownership
Funds ownership: 69.17% → 67.12% (-2%)
3% less funds holding
Funds holding: 152 → 148 (-4)
25% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$552M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$32.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.05M |
| 4 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$7.39M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$242M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$134M |
| 3 |
State Street
Boston,
Massachusetts
|
-$101M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$33.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.5M |
WFC.PRL Hedge Fund Activity: Q3 2016 in Review
148 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2016, worth a combined $3.37B — down 2% from $3.44B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of WFC.PRL and 16 opened new positions — a net loss of 1 holder — while 48 trimmed existing stakes and 36 added.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $552M. The largest seller was American Century Companies, cutting an estimated $242M.
- 148 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2016, down from 152 in Q2 2016.
- Funds reported $3.37B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2016, down 2% quarter-over-quarter.
- 16 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2016 and 17 closed out, a net change of -1 holder.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $552M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2016 was American Century Companies, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2016.