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Wells Fargo 7.5% Non Cumv Perp Conv

198 hedge funds and large institutions have $3.6B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $3.15B → $3.6B (+$444M)

13% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 48

1.64% more ownership

Funds ownership: 58.55%60.19% (+1.6%)

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less funds holding

Funds holding: 199198 (-1)

Holders
198
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.34%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.26%
New
19
Increased
54
Reduced
48
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FAAS
176
First Allied Advisory Services
California
$113K +$106K +74 New
CIAS
177
Capital Investment Advisory Services
North Carolina
$107K
Citigroup
178
Citigroup
New York
$93K +$8.56K +6 +11%
ClearBridge Investments
179
ClearBridge Investments
New York
$91K
CPA
180
Clear Perspective Advisors
Illinois
$82K
OAM
181
Oppenheimer Asset Management
New York
$79K -$1.43K -1 -2%
CCM
182
Covington Capital Management
California
$73K
TFS
183
TrustCore Financial Services
Tennessee
$69K
RCA
184
Rowland Carmichael Advisors
Arizona
$53K +$49.9K +35 New
AF
185
Allworth Financial
California
$50K +$47.1K +33 New
PCM
186
Penserra Capital Management
California
$48K +$8.56K +6 +23%
NIMC
187
NWQ Investment Management Company
California
$40K
MA
188
MUFG Americas
New York
$38K
VRM
189
Vectors Research Management
New York
$38K +$35.7K +25 New
BFEC
190
Benjamin F. Edwards & Company
Missouri
$30K
SSB
191
Sandy Spring Bank
Maryland
$30K
MCM
192
Manchester Capital Management
Vermont
$23K
GSWM
193
Golden State Wealth Management
California
$19K +$17.1K +12 New
CFGS
194
Concourse Financial Group Securities
Alabama
$15K
SIS
195
Sound Income Strategies
Florida
$15K
Northwestern Mutual Wealth Management
196
Northwestern Mutual Wealth Management
Wisconsin
$12K -$1.43K -1 -11%
APA
197
American Portfolios Advisors
New York
$9.13K
CAC
198
Certified Advisory Corp
Florida
$8K
WCG
199
Weaver Consulting Group
California
$7K
BFC
200
Bedel Financial Consulting
Indiana
$6K

WFC.PRL Hedge Fund Activity: Q3 2019 in Review

198 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2019, worth a combined $3.6B — up 14% from $3.15B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 18 closed out — a net gain of 1 holder — while 54 added to existing stakes and 48 trimmed.

The largest buyer was BlackRock, adding an estimated $250M. The largest seller was Camden Asset Management, cutting an estimated $77.8M.

  • 198 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2019, down from 199 in Q2 2019.
  • Funds reported $3.6B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2019, up 14% quarter-over-quarter.
  • 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2019 and 18 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2019 was BlackRock, an estimated $250M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2019 was Camden Asset Management, an estimated $77.8M sold.

Based on aggregated 13F filings for Q3 2019.