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Wells Fargo 7.5% Non Cumv Perp Conv

233 hedge funds and large institutions have $3.28B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 65 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 230233 (+3)

4% less capital invested

Capital invested by funds: $3.4B → $3.28B (-$119M)

9% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 65

2.46% less ownership

Funds ownership: 118.88%116.42% (-2.5%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

Holders
233
Holders Change
+3
Holders Change %
+1.3%
% of All Funds
3.7%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.17%
New
20
Increased
59
Reduced
65
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Comerica Bank
126
Comerica Bank
Texas
$621K +$643K +557 New
DADC
127
D.A. Davidson & Co
Montana
$603K +$136K +118 +28%
VFA
128
Valeo Financial Advisors
Indiana
$600K -$41.6K -36 -0%
PFA
129
Pathway Financial Advisers
Indiana
$597K +$618K +535 New
FHB
130
First Hawaiian Bank
Hawaii
$590K -$69.3K -60 -10%
PHS
131
Pekin Hardy Strauss
Illinois
$574K
Wealth Enhancement Advisory Services
132
Wealth Enhancement Advisory Services
Minnesota
$570K +$590K +511 New
IWN
133
Independent Wealth Network
Iowa
$563K
UBS AM
134
UBS AM
Illinois
$558K
FIM
135
Fernwood Investment Management
Massachusetts
$540K
FFA
136
Farther Finance Advisors
California
$540K +$171K +148 +44%
Creative Planning
137
Creative Planning
Kansas
$502K +$60.1K +52 +13%
MTIM
138
Marathon Trading Investment Management
Pennsylvania
$495K
NW
139
NewEdge Wealth
Pennsylvania
$487K +$45K +39 +10%
VAS
140
Vestmark Advisory Solutions
Massachusetts
$487K +$49.7K +43 +11%
CCM
141
Crew Capital Management
Ohio
$476K
OIA
142
OneDigital Investment Advisors
Kansas
$456K -$10.4K -9 -2%
AMIM
143
Aull & Monroe Investment Management
Alabama
$449K
CPRC
144
Consolidated Portfolio Review Corp
New York
$444K +$35.8K +31 +8%
N
145
Nuveen
North Carolina
$426K -$44.2M -38,247 Closed
WOSD
146
WFA of San Diego
California
$425K -$24.3K -21 -5%
William Blair & Company
147
William Blair & Company
Illinois
$394K -$39.3K -34 -9%
EM
148
ELCO Management
New York
$394K
IAA
149
Independent Advisor Alliance
North Carolina
$391K -$17.3K -15 -4%
BOM
150
Bank of Marin
California
$384K -$40.4K -35 -9%

WFC.PRL Hedge Fund Activity: Q3 2023 in Review

233 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2023, worth a combined $3.28B — down 3.5% from $3.4B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new WFC.PRL positions and 17 closed out — a net gain of 3 holders — while 59 added to existing stakes and 65 trimmed.

The largest buyer was International Assets Investment Management, opening a new position worth an estimated $59M. The largest seller was Loomis, Sayles & Company, cutting an estimated $117M.

  • 233 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2023, up from 230 in Q2 2023.
  • Funds reported $3.28B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2023, down 3.5% quarter-over-quarter.
  • 20 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2023 and 17 closed out, a net change of +3 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2023 was International Assets Investment Management, an estimated $59M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2023 was Loomis, Sayles & Company, an estimated $117M sold.

Based on aggregated 13F filings for Q3 2023.