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Wells Fargo 7.5% Non Cumv Perp Conv

230 hedge funds and large institutions have $2.39B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2022 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 55 increasing their positions, 64 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 15

37.27% more ownership

Funds ownership: 51.95%89.22% (+37%)

11% more funds holding

Funds holding: 207230 (+23)

8% less capital invested

Capital invested by funds: $2.61B → $2.39B (-$216M)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

14% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 64

Holders
230
Holders Change
+23
Holders Change %
+11.11%
% of All Funds
3.87%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.13%
New
39
Increased
55
Reduced
64
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$303M -$20.1M -16,344 -6%
Amundi
2
Amundi
France
$271M -$1.8M -1,468 -0.7%
First Trust Advisors
3
First Trust Advisors
Illinois
$149M +$7.48M +6,083 +5%
ACM
4
Advent Capital Management
New York
$104M +$7.53M +6,130 +8%
Victory Capital Management
5
Victory Capital Management
Texas
$103M +$2.76M +2,249 +3%
Allianz Asset Management
6
Allianz Asset Management
Germany
$97.2M
Invesco
7
Invesco
Georgia
$84.2M +$1.42M +1,155 +2%
Morgan Stanley
8
Morgan Stanley
New York
$82.4M +$4.56M +3,710 +6%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$81M +$461K +375 +0.6%
State Street
10
State Street
Massachusetts
$80.9M -$4.98M -4,050 -6%
SAMC
11
Spectrum Asset Management (Connecticut)
Connecticut
$75.1M -$7.61M -6,189 -9%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$71.2M +$8.87M +7,218 +14%
Mirae Asset Global Investments
13
Mirae Asset Global Investments
South Korea
$70.6M -$1.92M -1,560 -3%
CAM
14
Camden Asset Management
California
$63.1M -$30.2M -24,609 -32%
SA
15
Stonebridge Advisors
Connecticut
$58.6M -$8.58M -6,979 -13%
Bank of America
16
Bank of America
North Carolina
$42M +$1.38M +1,126 +3%
EVM
17
Eaton Vance Management
Massachusetts
$39.6M +$12.4M +10,079 +44%
First Eagle Investment Management
18
First Eagle Investment Management
New York
$38.6M -$1.87M -1,520 -5%
MSL
19
Mackay Shields LLC
New York
$36.4M -$168K -137 -0.5%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$28M
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$22.4M
KIA
22
KCM Investment Advisors
California
$21.9M -$506K -412 -2%
JIC
23
JRM Investment Counsel
Nebraska
$17.2M +$10.9M +8,876 +168%
JP Morgan Chase
24
JP Morgan Chase
New York
$17.1M +$98.3K +80 +0.6%
NEAM
25
New England Asset Management
Connecticut
$16.1M

WFC.PRL Hedge Fund Activity: Q2 2022 in Review

230 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2022, worth a combined $2.39B — down 8.3% from $2.61B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new WFC.PRL positions and 15 closed out — a net gain of 24 holders — while 55 added to existing stakes and 64 trimmed.

The largest buyer was Russell Investments Group, opening a new position worth an estimated $1.82B. The largest seller was Lazard Asset Management, cutting an estimated $36.3M.

  • 230 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2022, up from 207 in Q1 2022.
  • Funds reported $2.39B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2022, down 8.3% quarter-over-quarter.
  • 39 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2022 and 15 closed out, a net change of +24 holders.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2022 was Russell Investments Group, an estimated $1.82B added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2022 was Lazard Asset Management, an estimated $36.3M sold.

Based on aggregated 13F filings for Q2 2022.