Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
250 hedge funds and large institutions have $2.96B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 68 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
3% more funds holding
Funds holding: 242 → 250 (+8)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
0% less capital invested
Capital invested by funds: $2.97B → $2.96B (-$7.86M)
9% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 68
6.24% less ownership
Funds ownership: 76.92% → 70.68% (-6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$38.3M |
| 2 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
+$23M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$20.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.26M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$117M |
| 2 |
Morgan Stanley
New York
|
-$51.9M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$48.3M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$22.6M |
| 5 |
ACM
Advent Capital Management
New York
|
-$10.8M |
WFC.PRL Hedge Fund Activity: Q1 2024 in Review
250 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2024, worth a combined $2.96B — down 0.26% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new WFC.PRL positions and 18 closed out — a net gain of 9 holders — while 62 added to existing stakes and 68 trimmed.
The largest buyer was BlackRock, adding an estimated $38.3M. The largest seller was Loomis, Sayles & Company, cutting an estimated $117M.
- 250 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2024, up from 242 in Q4 2023.
- Funds reported $2.96B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2024, down 0.26% quarter-over-quarter.
- 27 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2024 and 18 closed out, a net change of +9 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2024 was BlackRock, an estimated $38.3M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2024 was Loomis, Sayles & Company, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2024.