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Wells Fargo 7.5% Non Cumv Perp Conv

228 hedge funds and large institutions have $2.85B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

19% more capital invested

Capital invested by funds: $2.39B → $2.85B (+$456M)

18% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 60

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% less funds holding

Funds holding: 230228 (-2)

4.71% less ownership

Funds ownership: 89.22%84.51% (-4.7%)

Holders
228
Holders Change
-2
Holders Change %
-0.87%
% of All Funds
3.93%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.17%
New
18
Increased
71
Reduced
60
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VOYA Investment Management
1
VOYA Investment Management
Georgia
$448M +$454M +363,145 +4,036%
BlackRock
2
BlackRock
New York
$291M -$10.3M -8,220 -3%
Amundi
3
Amundi
France
$259M -$5.5M -4,398 -2%
First Trust Advisors
4
First Trust Advisors
Illinois
$148M
ACM
5
Advent Capital Management
New York
$137M +$39.1M +31,224 +36%
Victory Capital Management
6
Victory Capital Management
Texas
$112M +$10.1M +8,087 +10%
Allianz Asset Management
7
Allianz Asset Management
Germany
$96.2M
State Street
8
State Street
Massachusetts
$89.6M +$10.8M +8,650 +13%
Invesco
9
Invesco
Georgia
$86.1M +$2.73M +2,181 +3%
Morgan Stanley
10
Morgan Stanley
New York
$78.9M -$1.55M -1,235 -2%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$78.5M
Mirae Asset Global Investments
12
Mirae Asset Global Investments
South Korea
$74.9M +$5.08M +4,057 +7%
SAMC
13
Spectrum Asset Management (Connecticut)
Connecticut
$72.9M -$1.56M -1,250 -2%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$65.8M -$3.5M -2,800 -5%
SA
15
Stonebridge Advisors
Connecticut
$58M -$116K -93 -0.2%
Bank of America
16
Bank of America
North Carolina
$41.6M -$72.6K -58 -0.2%
CW
17
Connectus Wealth
Ohio
$37.3M +$40M +31,931 New
MSL
18
Mackay Shields LLC
New York
$35.8M +$402K +321 +1%
CAM
19
Camden Asset Management
California
$34.5M -$28.6M -22,824 -44%
First Eagle Investment Management
20
First Eagle Investment Management
New York
$34M -$4.36M -3,480 -11%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$29.8M +$8.15M +6,510 +35%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$29.3M
SIM
23
SSI Investment Management
California
$22.1M +$15.2M +12,185 +195%
KIA
24
KCM Investment Advisors
California
$21.4M -$402K -321 -2%
P8IP
25
Pier 88 Investment Partners
California
$19.5M +$4.13M +3,300 +26%

WFC.PRL Hedge Fund Activity: Q3 2022 in Review

228 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q3 2022, worth a combined $2.85B — up 19% from $2.39B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new WFC.PRL positions and 17 closed out — a net gain of 1 holder — while 71 added to existing stakes and 60 trimmed.

The largest buyer was VOYA Investment Management, adding an estimated $454M. The largest seller was Russell Investments Group, cutting an estimated $728M.

  • 228 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2022, down from 230 in Q2 2022.
  • Funds reported $2.85B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q3 2022, up 19% quarter-over-quarter.
  • 18 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q3 2022 and 17 closed out, a net change of +1 holder.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q3 2022 was VOYA Investment Management, an estimated $454M added.
  • The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q3 2022 was Russell Investments Group, an estimated $728M sold.

Based on aggregated 13F filings for Q3 2022.