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Wells Fargo 7.5% Non Cumv Perp Conv

233 hedge funds and large institutions have $3.28B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 65 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 230233 (+3)

4% less capital invested

Capital invested by funds: $3.4B → $3.28B (-$119M)

9% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 65

2.46% less ownership

Funds ownership: 118.88%116.42% (-2.5%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

Holders
233
Holders Change
+3
Holders Change %
+1.3%
% of All Funds
3.7%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.17%
New
20
Increased
59
Reduced
65
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
201
Franklin Resources
California
$70.2K
NS
202
NBC Securities
Alabama
$57K +$60.1K +52 New
LCM
203
Logan Capital Management
Pennsylvania
$49.2K
GWSG
204
GPS Wealth Strategies Group
Colorado
$42.4K
AF
205
Allworth Financial
California
$36.8K
LWANC
206
Laurel Wealth Advisors (North Carolina)
North Carolina
$35.7K
USB
207
Union Savings Bank
Connecticut
$35.7K
AFG
208
Albion Financial Group
Utah
$27.9K
GFPC
209
Global Financial Private Client
Florida
$27.5K
ME
210
McIlrath & Eck
Washington
$24.5K
JWA
211
JFS Wealth Advisors
Pennsylvania
$22.3K
BFEC
212
Benjamin F. Edwards & Company
Missouri
$22K
GA
213
GoalVest Advisory
New York
$16.7K
MCM
214
Manchester Capital Management
Vermont
$16.7K
SWM
215
Spire Wealth Management
Virginia
$14.5K
PA
216
Parallel Advisors
California
$11.2K -$53.1K -46 -82%
CTC
217
Central Trust Company
Missouri
$11.2K
GT
218
Glenmede Trust
Pennsylvania
$11.2K
FWP
219
FAS Wealth Partners
Kansas
$10K
TRCT
220
Tower Research Capital (TRC)
New York
$8.92K +$9.24K +8 New
FSWA
221
Financial Synergies Wealth Advisors
Texas
$7.8K
GI
222
Gradient Investments
Minnesota
$7.8K
AWM
223
Activest Wealth Management
Florida
$7.8K +$8.09K +7 New
GIA
224
GHP Investment Advisors
Colorado
$6.48K
CSPIA
225
Cary Street Partners Investment Advisory
Virginia
$5.58K

WFC.PRL Hedge Fund Activity: Q3 2023 in Review

233 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2023, worth a combined $3.28B — down 3.5% from $3.4B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new WFC.PRL positions and 17 closed out — a net gain of 3 holders — while 59 added to existing stakes and 65 trimmed.

The largest buyer was International Assets Investment Management, opening a new position worth an estimated $59M. The largest seller was Loomis, Sayles & Company, cutting an estimated $117M.

  • 233 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2023, up from 230 in Q2 2023.
  • Funds reported $3.28B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2023, down 3.5% quarter-over-quarter.
  • 20 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2023 and 17 closed out, a net change of +3 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2023 was International Assets Investment Management, an estimated $59M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2023 was Loomis, Sayles & Company, an estimated $117M sold.

Based on aggregated 13F filings for Q3 2023.