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.
6 hedge funds and large institutions have $7.06M 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 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
20% more funds holding
Funds holding: 5 → 6 (+1)
60% less capital invested
Capital invested by funds: $17.7M → $7.06M (-$10.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$5.56K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$723 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMS
FBL Investment Management Services
West Des Moines,
Iowa
|
-$10M |
| 2 |
AC
Addison Capital
Conshohocken,
Pennsylvania
|
-$1.11M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EHC
1
Everett Harris & Co
Los Angeles,
California
| $5.04M | – | – | – |
|
|
FIMS
2
FBL Investment Management Services
West Des Moines,
Iowa
| $1.12M | -$10M | -360,000 | -90% |
|
|
HW
3
Hancock Whitney
Gulfport,
Mississippi
| $559K | – | – | – |
|
|
PPA
4
Parametric Portfolio Associates
Seattle,
Washington
| $333K | -$5.37K | -193 | -2% |
|
|
TCOV
5
Trust Company of Vermont
Brattleboro,
Vermont
| $6K | +$5.56K | +200 | New |
|
|
6
Ameriprise
Minneapolis,
Minnesota
| $1K | +$723 | +26 | New |
|
|
AC
7
Addison Capital
Conshohocken,
Pennsylvania
| – | -$1.11M | -40,900 | Closed |
|
WFC.PRR Hedge Fund Activity: Q2 2014 in Review
6 of the 3,479 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 Q2 2014, worth a combined $7.06M — down 60% from $17.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new WFC.PRR positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Trust Company of Vermont, opening a new position worth an estimated $5.56K. The largest seller was FBL Investment Management Services, cutting an estimated $10M.
- 6 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 Q2 2014, up from 5 in Q1 2014.
- Funds reported $7.06M 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 Q2 2014, down 60% quarter-over-quarter.
- 2 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 Q2 2014 and 1 closed out, a net change of +1 holder.
- 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 buyer in Q2 2014 was Trust Company of Vermont, an estimated $5.56K added.
- 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 Q2 2014 was FBL Investment Management Services, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2014.