Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
199 hedge funds and large institutions have $3.16B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 18 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
16% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 50
1% less funds holding
Funds holding: 201 → 199 (-2)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
2.37% less ownership
Funds ownership: 60.92% → 58.55% (-2.4%)
52% less capital inflows, than outflows
Capital inflows: $108M | Capital outflows: $227M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.8M |
| 3 |
Lazard Asset Management
New York
|
+$15.7M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$10.8M |
| 5 |
Cohen & Steers
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi Asset Management US
Boston,
Massachusetts
|
-$82.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$33.5M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$22M |
| 4 |
Jane Street
New York
|
-$16M |
| 5 |
JP Morgan Chase
New York
|
-$14.8M |
WFC.PRL Hedge Fund Activity: Q2 2019 in Review
199 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2019, worth a combined $3.16B — up 1.4% from $3.11B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of WFC.PRL and 17 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 58 added.
The largest buyer was Fidelity Investments, adding an estimated $17.2M. The largest seller was Amundi Asset Management US, exiting entirely with an estimated $82.2M sold.
- 199 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2019, down from 201 in Q1 2019.
- Funds reported $3.16B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2019, up 1.4% quarter-over-quarter.
- 17 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2019 and 18 closed out, a net change of -1 holder.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2019 was Fidelity Investments, an estimated $17.2M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2019 was Amundi Asset Management US, an estimated $82.2M sold.
Based on aggregated 13F filings for Q2 2019.