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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
CCG
101
Coastwise Capital Group
California
$1.11M +$8.17M +7,073 +35%
MA
102
Montag & Associates
Georgia
$1.1M -$127K -110 -10%
KLWA
103
Kelly Lawrence W & Associates
California
$1.1M -$46.2K -40 -4%
Bank of Montreal
104
Bank of Montreal
Ontario, Canada
$1.08M
CAPTRUST Financial Advisors
105
CAPTRUST Financial Advisors
North Carolina
$1.02M -$5.78K -5 -0.5%
Russell Investments Group
106
Russell Investments Group
United Kingdom
$1M
LA
107
LexAurum Advisors
Kansas
$977K -$57.8K -50 -5%
SC
108
Scotia Capital
Ontario, Canada
$961K
PCM
109
Pennsylvania Capital Management
Pennsylvania
$920K
CCM
110
Chilton Capital Management
Texas
$876K -$5.78K -5 -0.6%
VHAM
111
Van Hulzen Asset Management
California
$873K -$26.6K -23 -3%
US Bancorp
112
US Bancorp
Minnesota
$867K -$116K -100 -11%
CPIG
113
Chicago Partners Investment Group
Illinois
$859K -$255K -221 -21%
CIC
114
Chilton Investment Company
Connecticut
$815K
IA
115
Icon Advisers
Colorado
$780K +$809K +700 New
ZA
116
Zazove Associates
Nevada
$766K +$793K +687 New
ISL
117
Ingalls & Snyder LLC
New York
$717K -$5.78K -5 -0.8%
ICM
118
Islay Capital Management
Texas
$708K
HighTower Advisors
119
HighTower Advisors
Illinois
$698K +$47.4K +41 +7%
WTC
120
WhitTier Trust Company
Nevada
$680K +$71.6K +62 +11%
BSW
121
Buckingham Strategic Wealth
Missouri
$671K -$15K -13 -2%
BC
122
Bowman & Company
Wisconsin
$648K +$3.46K +3 +0.5%
LFAS
123
Level Four Advisory Services
Texas
$644K -$135K -117 -17%
WS
124
Wedbush Securities
California
$644K
UCFA
125
United Capital Financial Advisors
Texas
$636K

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.