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Wells Fargo 7.5% Non Cumv Perp Conv

152 hedge funds and large institutions have $3.44B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

14% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 36

6% more capital invested

Capital invested by funds: $3.25B → $3.44B (+$192M)

1% more funds holding

Funds holding: 150152 (+2)

1.47% less ownership

Funds ownership: 70.64%69.17% (-1.5%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
152
Holders Change
+2
Holders Change %
+1.33%
% of All Funds
4.06%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.16%
New
13
Increased
41
Reduced
36
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$518M
American Century Companies
2
American Century Companies
Missouri
$407M -$50.5M -40,578 -11%
Allianz Asset Management
3
Allianz Asset Management
Germany
$382M -$6.57M -5,280 -2%
ACM
4
Advent Capital Management
New York
$173M +$11.6M +9,352 +8%
CAM
5
Camden Asset Management
California
$169M +$3.86M +3,100 +2%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$150M -$40M -32,134 -22%
AAMU
7
Amundi Asset Management US
Massachusetts
$145M +$280K +225 +0.2%
SAMC
8
Spectrum Asset Management (Connecticut)
Connecticut
$103M
State Street
9
State Street
Massachusetts
$101M -$1.96M -1,575 -2%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$97.5M +$21.5M +17,314 +29%
UBS AM
11
UBS AM
Illinois
$86.7M
Calamos Advisors
12
Calamos Advisors
Illinois
$73.9M +$1.79M +1,442 +3%
JP Morgan Chase
13
JP Morgan Chase
New York
$63.2M +$6.48M +5,210 +12%
Victory Capital Management
14
Victory Capital Management
Texas
$58.1M -$72.2K -58 -0.1%
Morgan Stanley
15
Morgan Stanley
New York
$48.8M +$9.51M +7,641 +25%
Ameriprise
16
Ameriprise
Minnesota
$45.1M -$194K -156 -0.4%
Lord, Abbett & Co
17
Lord, Abbett & Co
New Jersey
$40.7M -$16.1M -12,922 -29%
Invesco
18
Invesco
Georgia
$37M
EVM
19
Eaton Vance Management
Massachusetts
$32.9M
SEI Investments
20
SEI Investments
Pennsylvania
$32.1M -$4.85M -3,900 -14%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$31.7M
Cohen & Steers
22
Cohen & Steers
New York
$28.8M +$5.1M +4,100 +23%
BA
23
BlackRock Advisors
Delaware
$26.9M
CS
24
Credit Suisse
Switzerland
$23.8M +$7.22M +5,800 +46%
SIM
25
SSI Investment Management
California
$23.6M -$146K -117 -0.6%

WFC.PRL Hedge Fund Activity: Q2 2016 in Review

152 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2016, worth a combined $3.44B — up 5.9% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new WFC.PRL positions and 10 closed out — a net gain of 3 holders — while 41 added to existing stakes and 36 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $21.5M. The largest seller was American Century Companies, cutting an estimated $50.5M.

  • 152 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2016, up from 150 in Q1 2016.
  • Funds reported $3.44B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2016, up 5.9% quarter-over-quarter.
  • 13 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2016 and 10 closed out, a net change of +3 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2016 was T. Rowe Price Associates, an estimated $21.5M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2016 was American Century Companies, an estimated $50.5M sold.

Based on aggregated 13F filings for Q2 2016.