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Wells Fargo 7.5% Non Cumv Perp Conv

192 hedge funds and large institutions have $2.91B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

1.67% more ownership

Funds ownership: 63.93%65.6% (+1.7%)

2% more funds holding

Funds holding: 189192 (+3)

2% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 45

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

9% less capital invested

Capital invested by funds: $3.18B → $2.91B (-$277M)

Holders
192
Holders Change
+3
Holders Change %
+1.59%
% of All Funds
4.4%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.25%
New
19
Increased
46
Reduced
45
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bessemer Group
126
Bessemer Group
New Jersey
$473K
M&T Bank
127
M&T Bank
New York
$455K -$5.09K -4 -1%
Bank of Montreal
128
Bank of Montreal
Ontario, Canada
$450K
QIM
129
Quest Investment Management
Oregon
$437K
SG
130
StoneX Group
New York
$390K +$45.8K +36 +13%
Susquehanna International Group
131
Susquehanna International Group
Pennsylvania
$389K -$477K -375 -55%
GC
132
Grace Capital
Massachusetts
$378K +$381K +300 New
AMIM
133
Aull & Monroe Investment Management
Alabama
$371K +$375K +295 New
William Blair & Company
134
William Blair & Company
Illinois
$363K -$44.5K -35 -11%
OC
135
Oppenheimer & Co
New York
$359K +$3.81K +3 +1%
Bank of New York Mellon
136
Bank of New York Mellon
New York
$349K +$1.27K +1 +0.4%
PAG
137
Private Advisor Group
New Jersey
$349K +$76.3K +60 +28%
LFAS
138
Level Four Advisory Services
Texas
$344K +$347K +273 New
MCM
139
Marathon Capital Management
Maryland
$321K
I
140
IberiaBank
Louisiana
$315K
GCIA
141
Gabelli & Co Investment Advisers
New York
$314K
PNC Financial Services Group
142
PNC Financial Services Group
Pennsylvania
$299K +$22.9K +18 +8%
GWM
143
Greenwich Wealth Management
Connecticut
$295K
HCA
144
Harbour Capital Advisors
Virginia
$253K
DLCIG
145
D.L. Carlson Investment Group
New Hampshire
$252K
EAM
146
Evanson Asset Management
California
$252K
RMDI
147
R.M. Davis Inc
Maine
$252K
GI
148
GAMCO Investors
Connecticut
$251K
TA
149
Teton Advisors
New York
$251K +$254K +200 New
CFN
150
Cordasco Financial Network
Florida
$233K

WFC.PRL Hedge Fund Activity: Q2 2018 in Review

192 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2018, worth a combined $2.91B — down 8.7% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 16 closed out — a net gain of 3 holders — while 46 added to existing stakes and 45 trimmed.

The largest buyer was State Street, opening a new position worth an estimated $144M. The largest seller was Franklin Resources, cutting an estimated $145M.

  • 192 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2018, up from 189 in Q1 2018.
  • Funds reported $2.91B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2018, down 8.7% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2018 and 16 closed out, a net change of +3 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2018 was State Street, an estimated $144M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2018 was Franklin Resources, an estimated $145M sold.

Based on aggregated 13F filings for Q2 2018.