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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
SMC
151
Smith, Moore & Co
Missouri
$362K -$92.4K -80 -20%
WT
152
Whittier Trust
California
$353K +$57.8K +50 +19%
WAM
153
Wolverine Asset Management
Illinois
$353K
HWM
154
Heirloom Wealth Management
Colorado
$352K
QIM
155
Quest Investment Management
Oregon
$346K
HA
156
Hamel Associates
New Jersey
$335K
EH
157
Equitable Holdings
New York
$335K +$347K +300 New
WW
158
Westshore Wealth
California
$329K -$12.7K -11 -4%
CA
159
Cetera Advisors
Colorado
$317K +$9.24K +8 +3%
NDSI
160
Newman Dignan & Sheerar Inc
Rhode Island
$307K +$3.46K +3 +1%
CAM
161
Cresset Asset Management
Illinois
$301K -$757K -655 -71%
PNC Financial Services Group
162
PNC Financial Services Group
Pennsylvania
$295K -$12.7K -11 -4%
BP
163
Ballentine Partners
Massachusetts
$280K +$290K +251 New
EAM
164
Evanson Asset Management
California
$279K
FHA
165
First Horizon Advisors
Tennessee
$279K
GCIA
166
Gabelli & Co Investment Advisers
New York
$279K
PWP
167
Principle Wealth Partners
Connecticut
$279K
UIA
168
Ulland Investment Advisors
Minnesota
$253K -$5.12M -4,432 -95%
BFG
169
Berger Financial Group
Minnesota
$246K
WA
170
Wambolt & Associates
Colorado
$238K -$57.8K -50 -19%
RFN
171
RDA Financial Network
Iowa
$236K
CSC
172
Cove Street Capital
California
$236K
SA
173
Strategic Advisors
New York
$227K
SS
174
Simplicity Solutions
Minnesota
$223K
Barclays
175
Barclays
United Kingdom
$223K +$231K +200 New

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.