WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R
WFC.PRR
WFC.PRR was delisted on the 14th of March, 2024.
0 hedge funds and large institutions have $0 invested in WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, reducing their positions, and 4 closing their positions.
100% less funds holding
Funds holding: 4 → 0 (-4)
100% less capital invested
Capital invested by funds: $2.54M → $0 (-$2.54M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
-$1.51M |
| 2 |
MCM
Mengis Capital Management
Portland,
Oregon
|
-$908K |
| 3 |
RFG
RFP Financial Group
Atlanta,
Georgia
|
-$90.2K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$30.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
1
IAT Reinsurance
New York
| – | -$1.51M | -60,000 | Closed |
|
|
MCM
2
Mengis Capital Management
Portland,
Oregon
| – | -$908K | -36,195 | Closed |
|
|
RFG
3
RFP Financial Group
Atlanta,
Georgia
| – | -$90.2K | -3,594 | Closed |
|
|
4
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$30.7K | -1,224 | Closed |
|
WFC.PRR Hedge Fund Activity: Q1 2024 in Review
0 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (WFC.PRR) for Q1 2024, worth a combined $0 — down 100% from $2.54M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of WFC.PRR and 0 opened new positions — a net loss of 4 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was IAT Reinsurance, exiting entirely with an estimated $1.51M sold.
- 0 institutional investors held WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (WFC.PRR) as of Q1 2024, down from 4 in Q4 2023.
- Funds reported $0 of WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R stock for Q1 2024, down 100% quarter-over-quarter.
- 0 funds opened new WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R positions in Q1 2024 and 4 closed out, a net change of -4 holders.
- The largest WELLS FARGO & COMPANY Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R seller in Q1 2024 was IAT Reinsurance, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2024.