Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
125 hedge funds and large institutions have $3.58B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 11 closing their positions.
1.75% more ownership
Funds ownership: 78.12% → 79.87% (+1.8%)
1% less capital invested
Capital invested by funds: $3.6B → $3.58B (-$19.1M)
4% less funds holding
Funds holding: 130 → 125 (-5)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$124M |
| 2 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$37.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.83M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$22.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.1M |
| 3 |
Cohen & Steers
New York
|
-$10.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$9.55M |
| 5 |
SC
Sculptor Capital
New York
|
-$8.89M |
WFC.PRL Hedge Fund Activity: Q2 2015 in Review
125 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2015, worth a combined $3.58B — down 0.53% from $3.6B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of WFC.PRL and 7 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 26 added.
The largest buyer was Allianz Asset Management, adding an estimated $124M. The largest seller was American Century Companies, cutting an estimated $22.1M.
- 125 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2015, down from 130 in Q1 2015.
- Funds reported $3.58B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2015, down 0.53% quarter-over-quarter.
- 7 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2015 and 11 closed out, a net change of -4 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2015 was Allianz Asset Management, an estimated $124M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2015 was American Century Companies, an estimated $22.1M sold.
Based on aggregated 13F filings for Q2 2015.