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.
10 hedge funds and large institutions have $11.9M 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 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
5% more capital invested
Capital invested by funds: $11.3M → $11.9M (+$622K)
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
+$1.64M |
| 2 |
PNC
Park National Corp
Newark,
Ohio
|
+$197K |
| 3 |
CW
Cobiz Wealth
Denver,
Colorado
|
+$191K |
| 4 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$44K |
| 5 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$1.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Addison Capital
Conshohocken,
Pennsylvania
|
-$1.62M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$45.3K |
WFC.PRR Hedge Fund Activity: Q2 2016 in Review
10 of the 3,748 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 2016, worth a combined $11.9M — up 5.5% from $11.3M a quarter earlier.
Fund positioning in WFC.PRR was balanced in Q2 2016: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 1 trimmed.
The largest buyer was Sonora Investment Management, adding an estimated $1.64M. The largest seller was Addison Capital, exiting entirely with an estimated $1.62M sold.
- 10 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 2016, unchanged from Q1 2016.
- Funds reported $11.9M 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 2016, up 5.5% quarter-over-quarter.
- 1 fund 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 2016 and 1 closed out, a net change of 0 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 buyer in Q2 2016 was Sonora Investment Management, an estimated $1.64M 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 2016 was Addison Capital, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2016.