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Wells Fargo 7.5% Non Cumv Perp Conv

114 hedge funds and large institutions have $7.08B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more capital invested

Capital invested by funds: $3.55B → $7.08B (+$3.53B)

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

32% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 22

1% more funds holding

Funds holding: 113114 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

4.67% less ownership

Funds ownership: 80.67%75.99% (-4.7%)

Holders
114
Holders Change
+1
Holders Change %
+0.88%
% of All Funds
3.04%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
15
Increased
29
Reduced
22
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$3.53B -$3.61M -2,983 Closed
Franklin Resources
2
Franklin Resources
California
$773M
Allianz Asset Management
3
Allianz Asset Management
Germany
$589M -$57.2M -47,275 -9%
American Century Companies
4
American Century Companies
Missouri
$504M +$20M +16,520 +4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$232M +$9.68M +8,000 +4%
CAM
6
Camden Asset Management
California
$131M +$15M +12,400 +13%
State Street
7
State Street
Massachusetts
$125M -$3.69M -3,050 -3%
ACM
8
Advent Capital Management
New York
$105M -$50.1M -41,428 Closed
AAMU
9
Amundi Asset Management US
Massachusetts
$104M
UBS AM
10
UBS AM
Illinois
$85.3M
JP Morgan Chase
11
JP Morgan Chase
New York
$65.6M -$8.59M -7,102 -12%
SAMC
12
Spectrum Asset Management (Connecticut)
Connecticut
$58.8M
Victory Capital Management
13
Victory Capital Management
Texas
$54.3M +$9.04M +7,473 +20%
Invesco
14
Invesco
Georgia
$46.9M -$7.14M -5,900 -13%
Deutsche Bank
15
Deutsche Bank
Germany
$41.6M +$13.8M +11,417 +50%
SEI Investments
16
SEI Investments
Pennsylvania
$39.8M +$39.6M +32,763 New
Calamos Advisors
17
Calamos Advisors
Illinois
$35.9M +$28.4M +23,489 +385%
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$35.8M -$36.3M -30,052 -50%
CS
19
Credit Suisse
Switzerland
$33.1M -$9.45M -7,809 -22%
BA
20
BlackRock Advisors
Delaware
$29.9M
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$29.6M
EVM
22
Eaton Vance Management
Massachusetts
$25.5M
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$20.7M
IRM
24
Income Research & Management
Massachusetts
$20.6M
PI
25
Putnam Investments
Massachusetts
$19.8M +$4.44M +3,672 +29%

WFC.PRL Hedge Fund Activity: Q4 2014 in Review

114 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2014, worth a combined $7.08B — up 99% from $3.55B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new WFC.PRL positions and 10 closed out — a net gain of 5 holders — while 29 added to existing stakes and 22 trimmed.

The largest buyer was Calamos Advisors, adding an estimated $28.4M. The largest seller was Palisade Capital Management, cutting an estimated $155M.

  • 114 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2014, up from 113 in Q3 2014.
  • Funds reported $7.08B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2014, up 99% quarter-over-quarter.
  • 15 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2014 and 10 closed out, a net change of +5 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2014 was Calamos Advisors, an estimated $28.4M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2014 was Palisade Capital Management, an estimated $155M sold.

Based on aggregated 13F filings for Q4 2014.