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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
MWA
176
Meridian Wealth Advisors
Texas
$50K +$50.7K +40 New
AF
177
Allworth Financial
California
$42K
SMFS
178
Squar Milner Financial Services
California
$38K
WTB
179
Washington Trust Bank
Washington
$32K
VRM
180
Vectors Research Management
New York
$32K +$31.7K +25 New
SSB
181
Sandy Spring Bank
Maryland
$25K
JFGIW
182
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$15K
TNBTD
183
Trustmark National Bank Trust Department
Mississippi
$15K
BAM
184
Bruderman Asset Management
New York
$13K
FANJ
185
Financial Architects (New Jersey)
New Jersey
$13K
FIB
186
First Interstate Bank
Montana
$13K
SIS
187
Sound Income Strategies
Florida
$13K
CFGS
188
Concourse Financial Group Securities
Alabama
$12K +$12.7K +10 New
Northwestern Mutual Wealth Management
189
Northwestern Mutual Wealth Management
Wisconsin
$11K -$10.1K -8 -47%
WIM
190
Westside Investment Management
California
$8.83K +$8.87K +7 New
PA
191
Parallel Advisors
California
$8K
RWA
192
River Wealth Advisors
Pennsylvania
$8K
APA
193
American Portfolios Advisors
New York
$7.57K
CAC
194
Certified Advisory Corp
Florida
$6K
BFC
195
Bedel Financial Consulting
Indiana
$5K
CCM
196
Cribstone Capital Management
Maine
$5K
MWM
197
Mascoma Wealth Management
New Hampshire
$3K
NSIM
198
North Star Investment Management
Illinois
$3K
NDSI
199
Newman Dignan & Sheerar Inc
Rhode Island
$2.54K
GT
200
Glenmede Trust
Pennsylvania
$201 +$12.7K +10 +7%

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.