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.
11 hedge funds and large institutions have $8.86M 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 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 0 closing their positions.
41% more capital invested
Capital invested by funds: $6.27M → $8.86M (+$2.59M)
22% more funds holding
Funds holding: 9 → 11 (+2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
+$1.7M |
| 2 |
CW
Cobiz Wealth
Denver,
Colorado
|
+$301K |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
+$205K |
| 4 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$77.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$162K |
| 2 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
-$48.8K |
| 3 |
IP
Intellectus Partners
San Francisco,
California
|
-$86 |
WFC.PRR Hedge Fund Activity: Q1 2017 in Review
11 of the 4,017 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 2017, worth a combined $8.86M — up 41% from $6.27M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new WFC.PRR positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Roosevelt Investment Group, opening a new position worth an estimated $1.7M. The largest seller was Parametric Portfolio Associates, cutting an estimated $162K.
- 11 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 2017, up from 9 in Q4 2016.
- Funds reported $8.86M 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 2017, up 41% 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 Q1 2017 and 0 closed out, a net change of +2 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 Q1 2017 was Roosevelt Investment Group, an estimated $1.7M 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 Q1 2017 was Parametric Portfolio Associates, an estimated $162K sold.
Based on aggregated 13F filings for Q1 2017.