Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
204 hedge funds and large institutions have $2.94B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 48 reducing their positions, and 22 closing their positions.
341% more capital inflows, than outflows
Capital inflows: $709M | Capital outflows: $161M
33% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 48
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
2% less funds holding
Funds holding: 209 → 204 (-5)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Camden Asset Management
Los Angeles,
California
|
+$28.3M |
| 2 |
Advent Capital Management
New York
|
+$26.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$11.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.8M |
| 5 |
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$49.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$20.1M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$19.5M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$13.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.5M |
WFC.PRL Hedge Fund Activity: Q1 2020 in Review
204 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2020, worth a combined $2.94B — down 12% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of WFC.PRL and 19 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 64 added.
The largest buyer was Camden Asset Management, adding an estimated $28.3M. The largest seller was BlackRock, cutting an estimated $49.5M.
- 204 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2020, down from 209 in Q4 2019.
- Funds reported $2.94B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2020, down 12% quarter-over-quarter.
- 19 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2020 and 22 closed out, a net change of -3 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2020 was Camden Asset Management, an estimated $28.3M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2020 was BlackRock, an estimated $49.5M sold.
Based on aggregated 13F filings for Q1 2020.