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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
CCM
201
Cribstone Capital Management
Maine
$6K
FM
202
Family Management
New York
$6K +$5.7K +4 New
NSIM
203
North Star Investment Management
Illinois
$3K +$2.85K +2 New
GT
204
Glenmede Trust
Pennsylvania
$243
Barclays
205
Barclays
United Kingdom
-$4.6M -3,374 Closed
IRM
206
Income Research & Management
Massachusetts
-$4.49M -3,287 Closed
LCM
207
LDR Capital Management
New York
-$3.04M -2,216 Closed
WAM
208
Wolverine Asset Management
Illinois
-$2.19M -1,591 Closed
Jane Street
209
Jane Street
New York
-$1.12M -820 Closed
TFCM
210
Taylor Frigon Capital Management
Arizona
-$916K -672 Closed
Mariner
211
Mariner
Kansas
-$906K -664 Closed
CIBC World Market
212
CIBC World Market
Ontario, Canada
-$583K -427 Closed
OC
213
Oppenheimer & Co
New York
-$368K -270 Closed
PCMK
214
Paragon Capital Management (Kansas)
Kansas
-$60K -44 Closed
SMFS
215
Squar Milner Financial Services
California
-$41K -30 Closed
SIM
216
Sonora Investment Management
Arizona
-$36K -27 Closed
JFGIW
217
Johnson Financial Group Inc (Wisconsin)
Wisconsin
-$16K -12 Closed
TNBTD
218
Trustmark National Bank Trust Department
Mississippi
-$16K -12 Closed
FIB
219
First Interstate Bank
Montana
-$14K -10 Closed
PA
220
Parallel Advisors
California
-$10K -7 Closed
MWM
221
Mascoma Wealth Management
New Hampshire
-$3K -2 Closed

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.