Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
229 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, 72 increasing their positions, 60 reducing their positions, and 17 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
20% more repeat investments, than reductions
Existing positions increased: 72 | 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: 231 → 229 (-2)
27% less capital inflows, than outflows
Capital inflows: $623M | Capital outflows: $855M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$454M |
| 2 |
Connectus Wealth
Cincinnati,
Ohio
|
+$40M |
| 3 |
Advent Capital Management
New York
|
+$39.1M |
| 4 |
SSI Investment Management
Los Angeles,
California
|
+$15.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$728M |
| 2 |
Eaton Vance Management
Boston,
Massachusetts
|
-$32.1M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
-$28.6M |
| 4 |
Edge Capital Group
Atlanta,
Georgia
|
-$10.5M |
| 5 |
BlackRock
New York
|
-$10.3M |
WFC.PRL Hedge Fund Activity: Q3 2022 in Review
229 of the 5,832 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 72 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.
- 229 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q3 2022, down from 231 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.