Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
201 hedge funds and large institutions have $3.11B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 41 reducing their positions, and 18 closing their positions.
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
44% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 41
4% more funds holding
Funds holding: 194 → 201 (+7)
4% more capital invested
Capital invested by funds: $2.99B → $3.11B (+$119M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.29% less ownership
Funds ownership: 61.21% → 60.92% (-0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$34.2M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$22M |
| 3 |
Lazard Asset Management
New York
|
+$15.2M |
| 4 |
ACM
Advent Capital Management
New York
|
+$15.1M |
| 5 |
First Eagle Investment Management
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$58M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$26.1M |
| 3 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
-$17.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$9.09M |
WFC.PRL Hedge Fund Activity: Q1 2019 in Review
201 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2019, worth a combined $3.11B — up 4% from $2.99B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new WFC.PRL positions and 18 closed out — a net gain of 8 holders — while 59 added to existing stakes and 41 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $34.2M. The largest seller was Invesco, cutting an estimated $58M.
- 201 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2019, up from 194 in Q4 2018.
- Funds reported $3.11B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2019, up 4% quarter-over-quarter.
- 26 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2019 and 18 closed out, a net change of +8 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2019 was JP Morgan Chase, an estimated $34.2M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2019 was Invesco, an estimated $58M sold.
Based on aggregated 13F filings for Q1 2019.