Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
152 hedge funds and large institutions have $3.43B 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.
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
1% more funds holding
Funds holding: 150 → 152 (+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: 7 → 6 (-1)
40% less capital inflows, than outflows
Capital inflows: $98.8M | Capital outflows: $165M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.5M |
| 2 |
Advent Capital Management
New York
|
+$11.6M |
| 3 |
Morgan Stanley
New York
|
+$9.5M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
+$7.22M |
| 5 |
JP Morgan Chase
New York
|
+$6.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$50.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$40M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$16.1M |
| 4 |
Millennium Management
New York
|
-$9.39M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$6.57M |
WFC.PRL Hedge Fund Activity: Q2 2016 in Review
152 of the 3,756 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 $3.43B — up 5.6% 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 $3.43B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2016, up 5.6% 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.