Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
166 hedge funds and large institutions have $3.19B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 14 closing their positions.
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
63% more capital inflows, than outflows
Capital inflows: $331M | Capital outflows: $203M
15% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 41
11% more funds holding
Funds holding: 149 → 166 (+17)
2.42% more ownership
Funds ownership: 67.12% → 69.54% (+2.4%)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$126M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$47.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.3M |
| 4 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$11.8M |
| 5 |
Citigroup
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advent Capital Management
New York
|
-$70.3M |
| 2 |
Cohen & Steers
New York
|
-$25.8M |
| 3 |
GPC
Guardian Point Capital
Charlottesville,
Virginia
|
-$17M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
-$14.2M |
| 5 |
Camden Asset Management
Los Angeles,
California
|
-$13.7M |
WFC.PRL Hedge Fund Activity: Q4 2016 in Review
166 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2016, worth a combined $3.19B — down 5.3% from $3.37B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new WFC.PRL positions and 14 closed out — a net gain of 18 holders — while 47 added to existing stakes and 41 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $126M. The largest seller was Advent Capital Management, cutting an estimated $70.3M.
- 166 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2016, up from 149 in Q3 2016.
- Funds reported $3.19B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2016, down 5.3% quarter-over-quarter.
- 32 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2016 and 14 closed out, a net change of +18 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2016 was State Street, an estimated $126M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2016 was Advent Capital Management, an estimated $70.3M sold.
Based on aggregated 13F filings for Q4 2016.