Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
116 hedge funds and large institutions have $3.29B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
7% more capital inflows, than outflows
Capital inflows: $171M | Capital outflows: $160M
1% more funds holding
Funds holding: 115 → 116 (+1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$39.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$25.1M |
| 3 |
Oaktree Capital Management
Los Angeles,
California
|
+$14M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$84.9M |
| 2 |
Morgan Stanley
New York
|
-$8.41M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$7.53M |
| 4 |
Flaherty & Crumrine
Pasadena,
California
|
-$6.49M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$6.1M |
WFC.PRL Hedge Fund Activity: Q4 2013 in Review
116 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2013, worth a combined $3.29B — down 3.1% from $3.4B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new WFC.PRL positions and 13 closed out — a net gain of 2 holders — while 32 added to existing stakes and 29 trimmed.
The largest buyer was American Century Companies, adding an estimated $39.5M. The largest seller was Calamos Advisors, cutting an estimated $84.9M.
- 116 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2013, up from 115 in Q3 2013.
- Funds reported $3.29B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2013, down 3.1% quarter-over-quarter.
- 15 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2013 and 13 closed out, a net change of +2 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2013 was American Century Companies, an estimated $39.5M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2013 was Calamos Advisors, an estimated $84.9M sold.
Based on aggregated 13F filings for Q4 2013.