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Wells Fargo 7.5% Non Cumv Perp Conv

210 hedge funds and large institutions have $2.8B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 53 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

15% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 53

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

6.76% more ownership

Funds ownership: 56.95%63.71% (+6.8%)

4% more funds holding

Funds holding: 201210 (+9)

4% less capital invested

Capital invested by funds: $2.93B → $2.8B (-$126M)

Holders
210
Holders Change
+9
Holders Change %
+4.48%
% of All Funds
4.24%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.2%
New
21
Increased
61
Reduced
53
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SC
126
Searle & Co
Connecticut
$671K
SC
127
Scotia Capital
Ontario, Canada
$656K -$13.5K -10 -2%
M&T Bank
128
M&T Bank
New York
$637K +$1.35K +1 +0.2%
NIMC
129
NWQ Investment Management Company
California
$629K
BOM
130
Bank of Marin
California
$617K
MTIM
131
Marathon Trading Investment Management
Pennsylvania
$596K
WT
132
Whittier Trust
California
$555K -$31.1K -23 -5%
GC
133
Grace Capital
Massachusetts
$536K +$540K +400 New
GL
134
Graypoint LLC
New York
$529K
CWM
135
Calamos Wealth Management
Illinois
$484K -$20.3K -15 -4%
HA
136
Hamel Associates
New Jersey
$479K
EM
137
ELCO Management
New York
$476K +$74.3K +55 +18%
PNC Financial Services Group
138
PNC Financial Services Group
Pennsylvania
$453K -$60.8K -45 -12%
Bank of New York Mellon
139
Bank of New York Mellon
New York
$450K +$134K +99 +42%
Creative Planning
140
Creative Planning
Kansas
$441K +$4.05K +3 +0.9%
QIM
141
Quest Investment Management
Oregon
$431K -$35.1K -26 -7%
HighTower Advisors
142
HighTower Advisors
Illinois
$414K +$40.5K +30 +11%
Bank of Montreal
143
Bank of Montreal
Ontario, Canada
$394K
CSC
144
Cove Street Capital
California
$388K -$54K -40 -12%
Susquehanna International Group
145
Susquehanna International Group
Pennsylvania
$384K -$945K -700 -71%
AC
146
AlphaCore Capital
California
$373K +$149K +110 +65%
OIA
147
OneDigital Investment Advisors
Kansas
$360K -$63.5K -47 -15%
GWM
148
Greenwich Wealth Management
Connecticut
$358K +$32.4K +24 +10%
OC
149
Oppenheimer & Co
New York
$355K -$13.5K -10 -4%
EAM
150
Evanson Asset Management
California
$340K +$4.05K +3 +1%

WFC.PRL Hedge Fund Activity: Q3 2020 in Review

210 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2020, worth a combined $2.8B — down 4.3% from $2.93B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new WFC.PRL positions and 10 closed out — a net gain of 11 holders — while 61 added to existing stakes and 53 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $595M. The largest seller was T. Rowe Price Associates, cutting an estimated $598M.

  • 210 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2020, up from 201 in Q2 2020.
  • Funds reported $2.8B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2020, down 4.3% quarter-over-quarter.
  • 21 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2020 and 10 closed out, a net change of +11 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2020 was Loomis, Sayles & Company, an estimated $595M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2020 was T. Rowe Price Associates, an estimated $598M sold.

Based on aggregated 13F filings for Q3 2020.