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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
FNBT
176
FineMark National Bank & Trust
Florida
$225K
JAG
177
Journey Advisory Group
Kentucky
$211K -$25K -20 -10%
CBC
178
Coombe, Bender & Co
New York
$208K
WAM
179
Wolverine Asset Management
Illinois
$206K -$110K -88 -34%
FAIM
180
Financial Advocates Investment Management
Washington
$205K +$1.25K +1 +0.6%
BBHC
181
Brown Brothers Harriman & Co
New York
$181K
PFPT
182
Pinnacle Financial Partners (Tennessee)
Tennessee
$157K
SPIA
183
Steward Partners Investment Advisory
New York
$137K -$163K -130 -53%
PIA
184
Powell Investment Advisors
Florida
$119K -$30K -24 -19%
HBT
185
Hills Bank & Trust
Iowa
$108K
IAS
186
IMA Advisory Services
Colorado
$102K
Carson Wealth (CWM LLC)
187
Carson Wealth (CWM LLC)
Nebraska
$95K
CCM
188
Covington Capital Management
California
$92K
CIAS
189
Capital Investment Advisory Services
North Carolina
$84K
HNB
190
Huntington National Bank
Ohio
$79K
Franklin Resources
191
Franklin Resources
California
$76K
SWM
192
Selective Wealth Management
Virginia
$60K
TFS
193
TrustCore Financial Services
Tennessee
$54K
LCM
194
Logan Capital Management
Pennsylvania
$53K
Northwestern Mutual Wealth Management
195
Northwestern Mutual Wealth Management
Wisconsin
$48K -$105K -84 -68%
LWP
196
Laurel Wealth Planning
Minnesota
$48K
GWSG
197
GPS Wealth Strategies Group
Colorado
$46K
AF
198
Allworth Financial
California
$45K
AC
199
AlphaCore Capital
California
$41K -$15K -12 -26%
FF
200
FourThought Financial
Florida
$37K -$7.51K -6 -16%

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.