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Wells Fargo 7.5% Non Cumv Perp Conv

194 hedge funds and large institutions have $2.99B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 25

2% more funds holding

Funds holding: 191194 (+3)

3.99% less ownership

Funds ownership: 65.2%61.21% (-4%)

6% less capital invested

Capital invested by funds: $3.18B → $2.99B (-$190M)

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
194
Holders Change
+3
Holders Change %
+1.57%
% of All Funds
4.32%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.2%
New
29
Increased
49
Reduced
55
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
B
126
Bridgeworth
Alabama
$492K
Bessemer Group
127
Bessemer Group
New Jersey
$474K
HA
128
Hamel Associates
New Jersey
$468K -$30.4K -24 -6%
QIM
129
Quest Investment Management
Oregon
$438K
Bank of Montreal
130
Bank of Montreal
Ontario, Canada
$409K
PNC Financial Services Group
131
PNC Financial Services Group
Pennsylvania
$382K
OC
132
Oppenheimer & Co
New York
$363K -$6.33K -5 -2%
Lazard Asset Management
133
Lazard Asset Management
New York
$354K +$7.6M +6,000 +27%
SG
134
StoneX Group
New York
$353K -$89.9K -71 -20%
William Blair & Company
135
William Blair & Company
Illinois
$346K -$17.7K -14 -5%
Bank of New York Mellon
136
Bank of New York Mellon
New York
$343K -$6.33K -5 -2%
AMIM
137
Aull & Monroe Investment Management
Alabama
$322K +$12.7K +10 +4%
GCIA
138
Gabelli & Co Investment Advisers
New York
$315K
I
139
IberiaBank
Louisiana
$315K
GWM
140
Greenwich Wealth Management
Connecticut
$314K +$19K +15 +6%
Creative Planning
141
Creative Planning
Kansas
$309K +$73.5K +58 +31%
EFS
142
Essex Financial Services
Connecticut
$297K -$160K -126 -35%
FHB
143
First Hawaiian Bank
Hawaii
$297K
MCM
144
Marathon Capital Management
Maryland
$290K
PFPT
145
Pinnacle Financial Partners (Tennessee)
Tennessee
$278K +$141K +111 +102%
HNB
146
Huntington National Bank
Ohio
$266K +$247K +195 +1,219%
HCA
147
Harbour Capital Advisors
Virginia
$252K -$10.2M -8,018 -98%
DLCIG
148
D.L. Carlson Investment Group
New Hampshire
$252K
EAM
149
Evanson Asset Management
California
$252K
GI
150
GAMCO Investors
Connecticut
$252K

WFC.PRL Hedge Fund Activity: Q4 2018 in Review

194 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2018, worth a combined $2.99B — down 6% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new WFC.PRL positions and 25 closed out — a net gain of 4 holders — while 49 added to existing stakes and 55 trimmed.

The largest buyer was Camden Asset Management, adding an estimated $134M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $98.6M.

  • 194 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2018, up from 191 in Q3 2018.
  • Funds reported $2.99B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2018, down 6% quarter-over-quarter.
  • 29 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2018 and 25 closed out, a net change of +4 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2018 was Camden Asset Management, an estimated $134M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $98.6M sold.

Based on aggregated 13F filings for Q4 2018.