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Wells Fargo 7.5% Non Cumv Perp Conv

198 hedge funds and large institutions have $3.6B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $3.15B → $3.6B (+$444M)

13% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 48

1.64% more ownership

Funds ownership: 58.55%60.19% (+1.6%)

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less funds holding

Funds holding: 199198 (-1)

Holders
198
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.34%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.26%
New
19
Increased
54
Reduced
48
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LA
101
LexAurum Advisors
Kansas
$1.2M +$8.56K +6 +0.8%
ISL
102
Ingalls & Snyder LLC
New York
$1.14M -$7.13K -5 -0.7%
OCM
103
Oaktree Capital Management
California
$1.1M
CF
104
Centaurus Financial
California
$1.05M +$22.8K +16 +2%
ZA
105
Zazove Associates
Nevada
$1.03M -$960K -673 Closed
S
106
Surevest
California
$999K +$334K +234 +55%
WTC
107
WhitTier Trust Company
Nevada
$998K
SG
108
StoneX Group
New York
$938K +$133K +93 +18%
UBS AM
109
UBS AM
Illinois
$932K
CPIG
110
Chicago Partners Investment Group
Illinois
$866K -$47.1K -33 -5%
CSC
111
Cove Street Capital
California
$857K -$1.13M -790 -58%
ECM
112
Elgethun Capital Management
South Dakota
$837K -$158K -111 -17%
AA
113
Ancora Advisors
Ohio
$831K -$371K -260 -32%
Lazard Asset Management
114
Lazard Asset Management
New York
$787K
PWP
115
Principle Wealth Partners
Connecticut
$770K
FIM
116
Fernwood Investment Management
Massachusetts
$761K
LTFS
117
Ladenburg Thalmann Financial Services
Florida
$746K +$89.8K +63 +15%
CWM
118
Calamos Wealth Management
Illinois
$744K -$506K -355 -42%
M&T Bank
119
M&T Bank
New York
$737K
Cambridge Investment Research Advisors
120
Cambridge Investment Research Advisors
Iowa
$706K +$61.3K +43 +10%
Macquarie Group
121
Macquarie Group
Australia
$705K
SC
122
Searle & Co
Connecticut
$700K
Susquehanna International Group
123
Susquehanna International Group
Pennsylvania
$626K +$586K +411 New
PNC Financial Services Group
124
PNC Financial Services Group
Pennsylvania
$624K +$154K +108 +36%
Bessemer Group
125
Bessemer Group
New Jersey
$572K

WFC.PRL Hedge Fund Activity: Q3 2019 in Review

198 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2019, worth a combined $3.6B — up 14% from $3.15B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 18 closed out — a net gain of 1 holder — while 54 added to existing stakes and 48 trimmed.

The largest buyer was BlackRock, adding an estimated $250M. The largest seller was Camden Asset Management, cutting an estimated $77.8M.

  • 198 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2019, down from 199 in Q2 2019.
  • Funds reported $3.6B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2019, up 14% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2019 and 18 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2019 was BlackRock, an estimated $250M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2019 was Camden Asset Management, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2019.