Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
194 hedge funds and large institutions have $3.08B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 25 closing their positions.
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
2% more funds holding
Funds holding: 191 → 194 (+3)
6% less capital inflows, than outflows
Capital inflows: $353M | Capital outflows: $376M
3.99% less ownership
Funds ownership: 65.2% → 61.21% (-4%)
11% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 55
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Camden Asset Management
Los Angeles,
California
|
+$134M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$51.2M |
| 3 |
Advent Capital Management
New York
|
+$31.9M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$21.2M |
| 5 |
Jane Street
New York
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$98.6M |
| 2 |
Amundi Asset Management US
Boston,
Massachusetts
|
-$75.8M |
| 3 |
Algebris (UK)
London,
United Kingdom
|
-$53.7M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$32.8M |
| 5 |
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
-$31.8M |
WFC.PRL Hedge Fund Activity: Q4 2018 in Review
194 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2018, worth a combined $3.08B — down 3.1% from $3.18B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new WFC.PRL positions and 25 closed out — a net gain of 4 holders — while 49 added to existing stakes and 55 trimmed.
The largest buyer was Camden Asset Management, adding an estimated $134M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $98.6M.
- 194 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2018, up from 191 in Q3 2018.
- Funds reported $3.08B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2018, down 3.1% quarter-over-quarter.
- 29 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2018 and 25 closed out, a net change of +4 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2018 was Camden Asset Management, an estimated $134M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $98.6M sold.
Based on aggregated 13F filings for Q4 2018.