Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
250 hedge funds and large institutions have $3.03B invested in Wells Fargo 7.5% Non Cumv Perp Conv in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 75 reducing their positions, and 25 closing their positions.
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
0% more funds holding
Funds holding: 250 → 250 (0)
4.48% less ownership
Funds ownership: 70.68% → 66.2% (-4.5%)
19% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 75
36% less capital inflows, than outflows
Capital inflows: $312M | Capital outflows: $489M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$108M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$22.3M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$17.6M |
| 4 |
Cohen & Steers
New York
|
+$13.6M |
| 5 |
Ulland Investment Advisors
Minneapolis,
Minnesota
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$327M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$84.3M |
| 3 |
Advent Capital Management
New York
|
-$10.6M |
| 4 |
Jane Street
New York
|
-$9.8M |
| 5 |
BlackRock
New York
|
-$7M |
WFC.PRL Hedge Fund Activity: Q2 2024 in Review
250 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) for Q2 2024, worth a combined $3.03B — up 2.3% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new WFC.PRL positions and 25 closed out — a net gain of 1 holder — while 61 added to existing stakes and 75 trimmed.
The largest buyer was State Street, adding an estimated $108M. The largest seller was Loomis, Sayles & Company, cutting an estimated $327M.
- 250 institutional investors held Wells Fargo 7.5% Non Cumv Perp Conv (WFC.PRL) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $3.03B of Wells Fargo 7.5% Non Cumv Perp Conv stock for Q2 2024, up 2.3% quarter-over-quarter.
- 26 funds opened new Wells Fargo 7.5% Non Cumv Perp Conv positions in Q2 2024 and 25 closed out, a net change of +1 holder.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv buyer in Q2 2024 was State Street, an estimated $108M added.
- The largest Wells Fargo 7.5% Non Cumv Perp Conv seller in Q2 2024 was Loomis, Sayles & Company, an estimated $327M sold.
Based on aggregated 13F filings for Q2 2024.