Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
193 hedge funds and large institutions have $3.41B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 38 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
53% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 38
7% more funds holding
Funds holding: 181 → 193 (+12)
0.55% more ownership
Funds ownership: 67.13% → 67.69% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
1% less capital invested
Capital invested by funds: $3.43B → $3.41B (-$22.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$50.1M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$14.8M |
| 3 |
AU
Algebris (UK)
London,
United Kingdom
|
+$13.8M |
| 4 |
Lazard Asset Management
New York
|
+$13.7M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$8.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.7M |
| 2 |
Goldman Sachs
New York
|
-$19.2M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$13.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.6M |
| 5 |
State Street
Boston,
Massachusetts
|
-$7.35M |
WFC.PRL Hedge Fund Activity: Q4 2017 in Review
193 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2017, worth a combined $3.41B — down 0.67% from $3.43B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new WFC.PRL positions and 15 closed out — a net gain of 12 holders — while 58 added to existing stakes and 38 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $50.1M. The largest seller was Fidelity Investments, cutting an estimated $50.7M.
- 193 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2017, up from 181 in Q3 2017.
- Funds reported $3.41B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2017, down 0.67% quarter-over-quarter.
- 27 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2017 and 15 closed out, a net change of +12 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2017 was T. Rowe Price Associates, an estimated $50.1M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2017 was Fidelity Investments, an estimated $50.7M sold.
Based on aggregated 13F filings for Q4 2017.