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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
Loomis, Sayles & Company
201
Loomis, Sayles & Company
Massachusetts
-$32.8M -162,151 Closed
AU
202
Algebris (UK)
United Kingdom
-$53.7M -41,566 Closed
RCM
203
RB Capital Management
Nevada
-$7.91M -6,131 Closed
FCMC
204
Founders Capital Management (Connecticut)
Connecticut
-$2.45M -1,934 Closed
SL
205
Summitry LLC
California
-$2.07M -1,603 Closed
NFC
206
Northeast Financial Consultants
Connecticut
-$1.08M -841 Closed
BHTS
207
Bar Harbor Trust Services
Maine
-$775K -600 Closed
FIM
208
Fernwood Investment Management
Massachusetts
-$645K -500 Closed
LFAS
209
Level Four Advisory Services
Texas
-$341K -264 Closed
ECM
210
Evergreen Capital Management
Washington
-$323K -250 Closed
Susquehanna International Group
211
Susquehanna International Group
Pennsylvania
-$243K -188 Closed
RVPG
212
Relative Value Partners Group
-$200K -155 Closed
LA
213
Legacy Advisors
Pennsylvania
-$192K -149 Closed
AF
214
Advisornet Financial
Minnesota
-$159K -123 Closed
CAM
215
Columbia Asset Management
Michigan
-$159K -123 Closed
LIA
216
LS Investment Advisors
Michigan
-$13K -64 Closed
AAIM
217
Asset Advisors Investment Management
Georgia
-$65K -50 Closed
SPIA
218
Steward Partners Investment Advisory
New York
-$62K -48 Closed
CWSR
219
Chessman Wealth Strategies RIA
Texas
-$32K -25 Closed
Carson Wealth (CWM LLC)
220
Carson Wealth (CWM LLC)
Nebraska
-$26K -20 Closed
SWP
221
Stratos Wealth Partners
Ohio
-$8K -6 Closed
AAP
222
Arax Advisory Partners
Colorado
-$3K -2 Closed
CAL
223
Capital Analysts LLC
Pennsylvania
-$3K -2 Closed
TPWA
224
TRUE Private Wealth Advisors
Oregon
-$2.58K -2 Closed
ASN
225
Advisory Services Network
Georgia
-$1K -1 Closed

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.