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Wells Fargo 7.5% Non Cumv Perp Conv

194 hedge funds and large institutions have $2.99B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 25

2% more funds holding

Funds holding: 191194 (+3)

3.99% less ownership

Funds ownership: 65.2%61.21% (-4%)

6% less capital invested

Capital invested by funds: $3.18B → $2.99B (-$190M)

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
194
Holders Change
+3
Holders Change %
+1.57%
% of All Funds
4.32%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.2%
New
29
Increased
49
Reduced
55
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
76
Baird Financial Group
Wisconsin
$1.94M +$49.4K +39 +3%
PHS
77
Pekin Hardy Strauss
Illinois
$1.82M +$174K +137 +11%
UFG
78
United Fire Group
Iowa
$1.77M
TB
79
Terril Brothers
Missouri
$1.74M +$1.75M +1,381 New
CSC
80
Cove Street Capital
California
$1.73M
US Bancorp
81
US Bancorp
Minnesota
$1.73M +$57K +45 +3%
CCB
82
Cutter & Co Brokerage
Missouri
$1.7M -$22.8K -18 -1%
WT
83
Whittier Trust
California
$1.67M -$437K -345 -21%
CCM
84
Chilton Capital Management
Texas
$1.66M -$29.1K -23 -2%
CBB
85
Citizens Business Bank
California
$1.63M
Janney Montgomery Scott
86
Janney Montgomery Scott
Pennsylvania
$1.6M -$3.8K -3 -0.2%
Commonwealth Equity Services
87
Commonwealth Equity Services
Massachusetts
$1.59M +$103K +81 +7%
KLWA
88
Kelly Lawrence W & Associates
California
$1.47M -$665K -525 -31%
Cohen & Steers
89
Cohen & Steers
New York
$1.45M
K
90
Kemper
Illinois
$1.39M +$1.39M +1,100 New
SCM
91
Schnieders Capital Management
California
$1.37M +$177K +140 +15%
AA
92
Ancora Advisors
Ohio
$1.37M -$865K -683 -39%
AG
93
Advisor Group
Arizona
$1.37M +$214K +169 +18%
Rockefeller Capital Management
94
Rockefeller Capital Management
New York
$1.37M +$1.37M +1,085 New
ECM
95
Elgethun Capital Management
South Dakota
$1.3M -$35.5K -28 -3%
KCPG
96
Kavar Capital Partners Group
Kansas
$1.27M +$1.28M +1,010 New
Mackenzie Financial
97
Mackenzie Financial
Ontario, Canada
$1.26M
BCM
98
Bowie Capital Management
Texas
$1.26M +$633K +500 +100%
Barclays
99
Barclays
United Kingdom
$1.26M +$1.27M +1,000 New
SA
100
Strategic Advisors
New York
$1.17M +$187K +148 +19%

WFC.PRL Hedge Fund Activity: Q4 2018 in Review

194 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2018, worth a combined $2.99B — down 6% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new WFC.PRL positions and 25 closed out — a net gain of 4 holders — while 49 added to existing stakes and 55 trimmed.

The largest buyer was Camden Asset Management, adding an estimated $134M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $98.6M.

  • 194 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2018, up from 191 in Q3 2018.
  • Funds reported $2.99B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2018, down 6% quarter-over-quarter.
  • 29 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2018 and 25 closed out, a net change of +4 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2018 was Camden Asset Management, an estimated $134M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $98.6M sold.

Based on aggregated 13F filings for Q4 2018.