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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
RMDI
151
R.M. Davis Inc
Maine
$252K
AAM
152
Alken Asset Management
United Kingdom
$251K +$253K +200 New
CFN
153
Cordasco Financial Network
Florida
$233K
PSG
154
Planning Solutions Group
Maryland
$230K +$231K +182 New
FAIM
155
Financial Advocates Investment Management
Washington
$215K
HighTower Advisors
156
HighTower Advisors
Illinois
$211K +$213K +168 New
PSC
157
Prentiss Smith & Co
Vermont
$208K
NCM
158
Nelson Capital Management
California
$202K
NWM
159
Northwest Wealth Management
Iowa
$199K -$12.7K -10 -6%
BBHC
160
Brown Brothers Harriman & Co
New York
$189K
IA
161
IFP Advisors
Florida
$189K
Fifth Third Bancorp
162
Fifth Third Bancorp
Ohio
$183K
IAS
163
IMA Advisory Services
Colorado
$158K
FNBOSM
164
First National Bank of South Miami
Florida
$153K +$151K +119 New
HWM
165
Holloway Wealth Management
Florida
$131K
SFSG
166
Stearns Financial Services Group
North Carolina
$126K
ARMT
167
Amica Retiree Medical Trust
Rhode Island
$106K +$106K +84 New
AAMU
168
Amundi Asset Management US
Massachusetts
$89.2K -$75.8M -59,858 -46%
ClearBridge Investments
169
ClearBridge Investments
New York
$76K
CHP
170
Cable Hill Partners
Oregon
$76K +$76K +60 New
FDCDDQ
171
Federation des caisses Desjardins du Quebec
Quebec, Canada
$69.4K
OAM
172
Oppenheimer Asset Management
New York
$67K +$67.1K +53 New
CIAS
173
Capital Investment Advisory Services
North Carolina
$63K +$63.3K +50 New
RFC
174
Regions Financial Corp
Alabama
$62K
CCM
175
Covington Capital Management
California
$61K

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.