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Wells Fargo 7.5% Non Cumv Perp Conv

210 hedge funds and large institutions have $2.8B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 53 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

15% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 53

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

6.76% more ownership

Funds ownership: 56.95%63.71% (+6.8%)

4% more funds holding

Funds holding: 201210 (+9)

4% less capital invested

Capital invested by funds: $2.93B → $2.8B (-$126M)

Holders
210
Holders Change
+9
Holders Change %
+4.48%
% of All Funds
4.24%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.2%
New
21
Increased
61
Reduced
53
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IRM
76
Income Research & Management
Massachusetts
$2.74M -$515K -381 -16%
Osaic Holdings
77
Osaic Holdings
Arizona
$2.56M +$68.9K +51 +3%
LPL Financial
78
LPL Financial
California
$2.4M -$326K -241 -12%
NFC
79
Northeast Financial Consultants
Connecticut
$2.25M
FCMC
80
Founders Capital Management (Connecticut)
Connecticut
$2.25M
BCM
81
Bowie Capital Management
Texas
$2.24M
RA
82
Rational Advisors
New York
$2.19M +$1.11M +825 +103%
S
83
Surevest
California
$2.16M +$14.9K +11 +0.7%
UFG
84
United Fire Group
Iowa
$2.15M +$270K +200 +14%
PHS
85
Pekin Hardy Strauss
Illinois
$2.09M +$115K +85 +6%
GF
86
Gabelli Funds
New York
$2.01M
Barclays
87
Barclays
United Kingdom
$1.92M +$1.93M +1,429 New
US Bancorp
88
US Bancorp
Minnesota
$1.84M
CBB
89
Citizens Business Bank
California
$1.81M
WAM
90
Wolverine Asset Management
Illinois
$1.8M +$656K +486 +57%
Ameriprise
91
Ameriprise
Minnesota
$1.74M -$79.7K -59 -4%
Rockefeller Capital Management
92
Rockefeller Capital Management
New York
$1.59M
CCM
93
Chilton Capital Management
Texas
$1.57M
Truist Financial
94
Truist Financial
North Carolina
$1.56M +$289K +214 +23%
K
95
Kemper
Illinois
$1.48M
SCM
96
Schnieders Capital Management
California
$1.48M
SA
97
Strategic Advisors
New York
$1.45M -$101K -75 -7%
Russell Investments Group
98
Russell Investments Group
United Kingdom
$1.34M +$1.35M +998 New
Macquarie Group
99
Macquarie Group
Australia
$1.26M -$2.14M -1,582 -63%
FDCDDQ
100
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.25M +$1.25M +925 +9,250%

WFC.PRL Hedge Fund Activity: Q3 2020 in Review

210 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2020, worth a combined $2.8B — down 4.3% from $2.93B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new WFC.PRL positions and 10 closed out — a net gain of 11 holders — while 61 added to existing stakes and 53 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $595M. The largest seller was T. Rowe Price Associates, cutting an estimated $598M.

  • 210 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2020, up from 201 in Q2 2020.
  • Funds reported $2.8B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2020, down 4.3% quarter-over-quarter.
  • 21 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2020 and 10 closed out, a net change of +11 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2020 was Loomis, Sayles & Company, an estimated $595M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2020 was T. Rowe Price Associates, an estimated $598M sold.

Based on aggregated 13F filings for Q3 2020.