Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
237 hedge funds and large institutions have $2.76B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 69 reducing their positions, and 21 closing their positions.
17.37% more ownership
Funds ownership: 80.33% → 97.7% (+17%)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
0% less funds holding
Funds holding: 238 → 237 (-1)
3% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 69
10% less capital invested
Capital invested by funds: $3.05B → $2.76B (-$293M)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$885M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$15.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.8M |
| 4 |
Jane Street
New York
|
+$3.31M |
| 5 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
-$18.1M |
| 2 |
Amundi
Paris,
France
|
-$17.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$13.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$8.97M |
WFC.PRL Hedge Fund Activity: Q1 2023 in Review
237 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q1 2023, worth a combined $2.76B — down 9.6% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new WFC.PRL positions and 21 closed out — a net gain of 2 holders — while 67 added to existing stakes and 69 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $885M. The largest seller was Pier 88 Investment Partners, cutting an estimated $18.1M.
- 237 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q1 2023, down from 238 in Q4 2022.
- Funds reported $2.76B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q1 2023, down 9.6% quarter-over-quarter.
- 23 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q1 2023 and 21 closed out, a net change of +2 holders.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q1 2023 was Loomis, Sayles & Company, an estimated $885M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q1 2023 was Pier 88 Investment Partners, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2023.