Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
192 hedge funds and large institutions have $2.91B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 44 reducing their positions, and 16 closing their positions.
37% more capital inflows, than outflows
Capital inflows: $332M | Capital outflows: $243M
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
1.77% more ownership
Funds ownership: 63.83% → 65.6% (+1.8%)
2% more funds holding
Funds holding: 189 → 192 (+3)
5% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$144M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$71.3M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$23.7M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$17.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$145M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.5M |
| 3 |
Oaktree Capital Management
Los Angeles,
California
|
-$18.4M |
| 4 |
Amundi Asset Management US
Boston,
Massachusetts
|
-$10.4M |
| 5 |
Algebris (UK)
London,
United Kingdom
|
-$9.25M |
WFC.PRL Hedge Fund Activity: Q2 2018 in Review
192 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2018, worth a combined $2.91B — down 8.5% from $3.18B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 16 closed out — a net gain of 3 holders — while 46 added to existing stakes and 44 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $144M. The largest seller was Franklin Resources, cutting an estimated $145M.
- 192 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2018, up from 189 in Q1 2018.
- Funds reported $2.91B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2018, down 8.5% quarter-over-quarter.
- 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2018 and 16 closed out, a net change of +3 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2018 was State Street, an estimated $144M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2018 was Franklin Resources, an estimated $145M sold.
Based on aggregated 13F filings for Q2 2018.