Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
209 hedge funds and large institutions have $3.36B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 47 reducing their positions, and 18 closing their positions.
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
6% more funds holding
Funds holding: 198 → 209 (+11)
4% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 47
0.8% less ownership
Funds ownership: 60.19% → 59.39% (-0.8%)
7% less capital invested
Capital invested by funds: $3.6B → $3.36B (-$243M)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.9M |
| 2 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$38M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.28M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.98M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$56.8M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$35.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$26.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.8M |
| 5 |
JP Morgan Chase
New York
|
-$9.6M |
WFC.PRL Hedge Fund Activity: Q4 2019 in Review
209 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q4 2019, worth a combined $3.36B — down 6.7% from $3.6B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new WFC.PRL positions and 18 closed out — a net gain of 11 holders — while 49 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $40.9M. The largest seller was Camden Asset Management, cutting an estimated $56.8M.
- 209 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q4 2019, up from 198 in Q3 2019.
- Funds reported $3.36B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q4 2019, down 6.7% quarter-over-quarter.
- 29 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q4 2019 and 18 closed out, a net change of +11 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q4 2019 was BlackRock, an estimated $40.9M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q4 2019 was Camden Asset Management, an estimated $56.8M sold.
Based on aggregated 13F filings for Q4 2019.