Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
149 hedge funds and large institutions have $3.37B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 48 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
2% less funds holding
Funds holding: 152 → 149 (-3)
2.05% less ownership
Funds ownership: 69.17% → 67.12% (-2%)
13% less capital inflows, than outflows
Capital inflows: $638M | Capital outflows: $731M
25% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock Fund Advisors
San Francisco,
California
|
+$552M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$32.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.05M |
| 4 |
Richard C. Young & Co
Newport,
Rhode Island
|
+$7.39M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$242M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$134M |
| 3 |
State Street
Boston,
Massachusetts
|
-$101M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$33.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.5M |
WFC.PRL Hedge Fund Activity: Q3 2016 in Review
149 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2016, worth a combined $3.37B — down 1.7% from $3.43B a quarter earlier.
Fund positioning in WFC.PRL was balanced in Q3 2016: 16 funds opened new positions, 16 closed out, 36 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $552M. The largest seller was American Century Companies, cutting an estimated $242M.
- 149 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2016, down from 152 in Q2 2016.
- Funds reported $3.37B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2016, down 1.7% quarter-over-quarter.
- 16 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2016 and 16 closed out, a net change of 0 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $552M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2016 was American Century Companies, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2016.