Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
181 hedge funds and large institutions have $3.44B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 43 reducing their positions, and 15 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 43
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0.73% less ownership
Funds ownership: 67.87% → 67.13% (-0.73%)
1% less funds holding
Funds holding: 183 → 181 (-2)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
20% less capital inflows, than outflows
Capital inflows: $121M | Capital outflows: $152M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$57.1M |
| 2 |
JP Morgan Chase
New York
|
+$9.18M |
| 3 |
Advent Capital Management
New York
|
+$9.12M |
| 4 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$7.12M |
| 5 |
Citigroup
New York
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$37.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$23.2M |
| 4 |
Sculptor Capital
New York
|
-$14.4M |
| 5 |
Eaton Vance Management
Boston,
Massachusetts
|
-$10.6M |
WFC.PRL Hedge Fund Activity: Q3 2017 in Review
181 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2017, worth a combined $3.44B — up 0.88% from $3.41B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new WFC.PRL positions and 15 closed out — a net gain of 1 holder — while 47 added to existing stakes and 43 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $57.1M. The largest seller was American Century Companies, cutting an estimated $37.5M.
- 181 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2017, down from 183 in Q2 2017.
- Funds reported $3.44B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2017, up 0.88% quarter-over-quarter.
- 16 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2017 and 15 closed out, a net change of +1 holder.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2017 was Manulife (Manufacturers Life Insurance), an estimated $57.1M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2017 was American Century Companies, an estimated $37.5M sold.
Based on aggregated 13F filings for Q3 2017.