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Wells Fargo 7.5% Non Cumv Perp Conv

228 hedge funds and large institutions have $2.85B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

19% more capital invested

Capital invested by funds: $2.39B → $2.85B (+$456M)

18% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 60

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% less funds holding

Funds holding: 230228 (-2)

4.71% less ownership

Funds ownership: 89.22%84.51% (-4.7%)

Holders
228
Holders Change
-2
Holders Change %
-0.87%
% of All Funds
3.93%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.17%
New
18
Increased
71
Reduced
60
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
151
HighTower Advisors
Illinois
$403K +$2.5K +2 +0.6%
Cambridge Investment Research Advisors
152
Cambridge Investment Research Advisors
Iowa
$393K -$22.5K -18 -5%
QIM
153
Quest Investment Management
Oregon
$386K
NA
154
NewEdge Advisors
Louisiana
$384K -$96.4K -77 -19%
SA
155
Strategic Advisors
New York
$362K +$1.25K +1 +0.3%
CAN
156
Cetera Advisor Networks
California
$329K +$20K +16 +6%
IA
157
IFP Advisors
Florida
$319K +$3.75K +3 +1%
PAG
158
Private Advisor Group
New Jersey
$311K +$324K +259 New
EAM
159
Evanson Asset Management
California
$301K
FHA
160
First Horizon Advisors
Tennessee
$301K
GCIA
161
Gabelli & Co Investment Advisers
New York
$301K
Mercer Global Advisors
162
Mercer Global Advisors
Colorado
$300K +$312K +249 New
Fifth Third Bancorp
163
Fifth Third Bancorp
Ohio
$296K +$50.1K +40 +19%
American Century Companies
164
American Century Companies
Missouri
$273K +$31.3K +25 +12%
BFG
165
Berger Financial Group
Minnesota
$268K
CSC
166
Cove Street Capital
California
$265K
SMC
167
Smith, Moore & Co
Missouri
$262K
MBT
168
Montecito Bank & Trust
California
$257K
RFN
169
RDA Financial Network
Iowa
$244K
DLCIG
170
D.L. Carlson Investment Group
New Hampshire
$241K
GF
171
Gries Financial
Ohio
$240K +$249K +199 New
WCM
172
WealthBridge Capital Management
Ohio
$231K
OWP
173
Obermeyer Wealth Partners
Colorado
$230K +$239K +191 New
PTC
174
Private Trust Company
Ohio
$226K +$12.5K +10 +6%
AWA
175
Arete Wealth Advisors
Illinois
$226K +$235K +188 New

WFC.PRL Hedge Fund Activity: Q3 2022 in Review

228 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2022, worth a combined $2.85B — up 19% from $2.39B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new WFC.PRL positions and 17 closed out — a net gain of 1 holder — while 71 added to existing stakes and 60 trimmed.

The largest buyer was VOYA Investment Management, adding an estimated $454M. The largest seller was Russell Investments Group, cutting an estimated $728M.

  • 228 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2022, down from 230 in Q2 2022.
  • Funds reported $2.85B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2022, up 19% quarter-over-quarter.
  • 18 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2022 and 17 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2022 was VOYA Investment Management, an estimated $454M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2022 was Russell Investments Group, an estimated $728M sold.

Based on aggregated 13F filings for Q3 2022.