Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
126 hedge funds and large institutions have $3.5B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 125 → 126 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
1.42% less ownership
Funds ownership: 79.87% → 78.45% (-1.4%)
43% less capital inflows, than outflows
Capital inflows: $77.1M | Capital outflows: $135M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$15.5M |
| 2 |
Zazove Associates
Incline Village,
Nevada
|
+$13.7M |
| 3 |
SG Americas Securities
New York
|
+$8.74M |
| 4 |
Millennium Management
New York
|
+$7.97M |
| 5 |
Putnam Investments
Boston,
Massachusetts
|
+$6.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$38.8M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$20.2M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$14.2M |
| 4 |
SSI Investment Management
Los Angeles,
California
|
-$8.75M |
| 5 |
State Street
Boston,
Massachusetts
|
-$7.62M |
WFC.PRL Hedge Fund Activity: Q3 2015 in Review
126 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2015, worth a combined $3.5B — down 2.6% from $3.59B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new WFC.PRL positions and 8 closed out — a net gain of 2 holders — while 32 added to existing stakes and 32 trimmed.
The largest buyer was Bank of America, adding an estimated $15.5M. The largest seller was American Century Companies, cutting an estimated $38.8M.
- 126 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2015, up from 125 in Q2 2015.
- Funds reported $3.5B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2015, down 2.6% quarter-over-quarter.
- 10 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2015 and 8 closed out, a net change of +2 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2015 was Bank of America, an estimated $15.5M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2015 was American Century Companies, an estimated $38.8M sold.
Based on aggregated 13F filings for Q3 2015.