Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
198 hedge funds and large institutions have $3.6B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 18 closing their positions.
37% more capital inflows, than outflows
Capital inflows: $344M | Capital outflows: $251M
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
1% less funds holding
Funds holding: 199 → 198 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$250M |
| 2 |
Mackay Shields LLC
New York
|
+$28.6M |
| 3 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$13.9M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
+$6.79M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Camden Asset Management
Los Angeles,
California
|
-$77.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$47M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$28M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.1M |
| 5 |
Cohen & Steers
New York
|
-$11.4M |
WFC.PRL Hedge Fund Activity: Q3 2019 in Review
198 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2019, worth a combined $3.6B — up 14% from $3.16B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new WFC.PRL positions and 18 closed out — a net gain of 1 holder — while 54 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $250M. The largest seller was Camden Asset Management, cutting an estimated $77.8M.
- 198 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2019, down from 199 in Q2 2019.
- Funds reported $3.6B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2019, up 14% quarter-over-quarter.
- 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2019 and 18 closed out, a net change of +1 holder.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2019 was BlackRock, an estimated $250M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2019 was Camden Asset Management, an estimated $77.8M sold.
Based on aggregated 13F filings for Q3 2019.