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Wells Fargo 7.5% Non Cumv Perp Conv

233 hedge funds and large institutions have $3.28B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 65 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 230233 (+3)

4% less capital invested

Capital invested by funds: $3.4B → $3.28B (-$119M)

9% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 65

2.46% less ownership

Funds ownership: 118.88%116.42% (-2.5%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

Holders
233
Holders Change
+3
Holders Change %
+1.3%
% of All Funds
3.7%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.17%
New
20
Increased
59
Reduced
65
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AM
76
AGF Management
Ontario, Canada
$2.79M +$982K +850 +52%
SL
77
Summitry LLC
California
$2.65M -$53.1K -46 -2%
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
$2.61M +$365K +316 +16%
Corient Private Wealth
79
Corient Private Wealth
Florida
$2.32M -$3.46K -3 -0.1%
CIBC Private Wealth Group
80
CIBC Private Wealth Group
Georgia
$2.2M +$2.28M +1,970 New
SSWG
81
Seven Springs Wealth Group
Tennessee
$2.19M +$2.31K +2 +0.1%
CA
82
CSM Advisors
Pennsylvania
$1.95M
EHC
83
Everett Harris & Co
California
$1.91M
SCM
84
Schnieders Capital Management
California
$1.8M -$187K -162 -9%
BCM
85
Bowie Capital Management
Texas
$1.78M
Baird Financial Group
86
Baird Financial Group
Wisconsin
$1.71M +$20.8K +18 +1%
MCM
87
Marathon Capital Management
Maryland
$1.64M
Truist Financial
88
Truist Financial
North Carolina
$1.6M -$53.1K -46 -3%
SEI Investments
89
SEI Investments
Pennsylvania
$1.59M +$34.6K +30 +2%
RJFSA
90
Raymond James Financial Services Advisors
Florida
$1.53M -$178K -154 -10%
Ameriprise
91
Ameriprise
Minnesota
$1.44M +$1.03M +890 +222%
National Bank of Canada
92
National Bank of Canada
Quebec, Canada
$1.34M
Cohen & Steers
93
Cohen & Steers
New York
$1.28M
FCMC
94
Founders Capital Management (Connecticut)
Connecticut
$1.26M
American Century Companies
95
American Century Companies
Missouri
$1.24M +$1.01M +875 +368%
SG
96
StoneX Group
New York
$1.23M +$27.7K +24 +2%
AAMC
97
Asset Allocation & Management Company
Illinois
$1.22M
SAM
98
Seelaus Asset Management
New Jersey
$1.16M -$9.24K -8 -0.8%
Cambridge Investment Research Advisors
99
Cambridge Investment Research Advisors
Iowa
$1.16M +$426K +369 +55%
DZ Bank
100
DZ Bank
Germany
$1.11M

WFC.PRL Hedge Fund Activity: Q3 2023 in Review

233 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2023, worth a combined $3.28B — down 3.5% from $3.4B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new WFC.PRL positions and 17 closed out — a net gain of 3 holders — while 59 added to existing stakes and 65 trimmed.

The largest buyer was International Assets Investment Management, opening a new position worth an estimated $59M. The largest seller was Loomis, Sayles & Company, cutting an estimated $117M.

  • 233 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2023, up from 230 in Q2 2023.
  • Funds reported $3.28B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2023, down 3.5% quarter-over-quarter.
  • 20 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2023 and 17 closed out, a net change of +3 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2023 was International Assets Investment Management, an estimated $59M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2023 was Loomis, Sayles & Company, an estimated $117M sold.

Based on aggregated 13F filings for Q3 2023.