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Wells Fargo 7.5% Non Cumv Perp Conv

198 hedge funds and large institutions have $3.6B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $3.15B → $3.6B (+$444M)

13% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 48

1.64% more ownership

Funds ownership: 58.55%60.19% (+1.6%)

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less funds holding

Funds holding: 199198 (-1)

Holders
198
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.34%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.26%
New
19
Increased
54
Reduced
48
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HA
126
Hamel Associates
New Jersey
$544K
QIM
127
Quest Investment Management
Oregon
$528K
Creative Planning
128
Creative Planning
Kansas
$507K +$161K +113 +51%
Bank of Montreal
129
Bank of Montreal
Ontario, Canada
$493K
AAA
130
Adams Asset Advisors
Texas
$493K +$13.9M +9,782 New
FHB
131
First Hawaiian Bank
Hawaii
$472K -$1.43K -1 -0.3%
AAM
132
Alken Asset Management
United Kingdom
$455K -$357K -250 -45%
EM
133
ELCO Management
New York
$449K +$421K +295 New
BRWA
134
B. Riley Wealth Advisors
Florida
$448K +$9.98K +7 +2%
Millennium Management
135
Millennium Management
New York
$447K -$130K -91 -24%
EAM
136
Evanson Asset Management
California
$411K +$99.8K +70 +35%
I
137
IberiaBank
Louisiana
$381K
GWM
138
Greenwich Wealth Management
Connecticut
$379K
GCIA
139
Gabelli & Co Investment Advisers
New York
$375K
OIA
140
OneDigital Investment Advisors
Kansas
$370K +$35.7K +25 +11%
Bank of New York Mellon
141
Bank of New York Mellon
New York
$358K -$14.3K -10 -4%
NDSI
142
Newman Dignan & Sheerar Inc
Rhode Island
$358K +$17.1K +12 +5%
MCM
143
Marathon Capital Management
Maryland
$350K
AMIM
144
Aull & Monroe Investment Management
Alabama
$342K -$42.8K -30 -12%
PFPT
145
Pinnacle Financial Partners (Tennessee)
Tennessee
$340K
William Blair & Company
146
William Blair & Company
Illinois
$333K -$164K -115 -34%
HNB
147
Huntington National Bank
Ohio
$321K
DLCIG
148
D.L. Carlson Investment Group
New Hampshire
$304K
HCA
149
Harbour Capital Advisors
Virginia
$304K
RMDI
150
R.M. Davis Inc
Maine
$304K

WFC.PRL Hedge Fund Activity: Q3 2019 in Review

198 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2019, worth a combined $3.6B — up 14% from $3.15B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 18 closed out — a net gain of 1 holder — while 54 added to existing stakes and 48 trimmed.

The largest buyer was BlackRock, adding an estimated $250M. The largest seller was Camden Asset Management, cutting an estimated $77.8M.

  • 198 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2019, down from 199 in Q2 2019.
  • Funds reported $3.6B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2019, up 14% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2019 and 18 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2019 was BlackRock, an estimated $250M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2019 was Camden Asset Management, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2019.