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 $9.69M 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 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
10% less capital invested
Capital invested by funds: $10.7M → $9.69M (-$1.06M)
17% less funds holding
Funds holding: 12 → 10 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
+$581K |
| 2 |
CW
Cobiz Wealth
Denver,
Colorado
|
+$239K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$35.4K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$23.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$1.37M |
| 2 |
FIMS
FBL Investment Management Services
West Des Moines,
Iowa
|
-$1.05M |
| 3 |
WG
Welch Group
Birmingham,
Alabama
|
-$115K |
| 4 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
-$31.9K |
WFC.PRR Hedge Fund Activity: Q3 2017 in Review
10 of the 4,011 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 Q3 2017, worth a combined $9.69M — down 9.8% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of WFC.PRR and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Roosevelt Investment Group, adding an estimated $581K. The largest seller was Everett Harris & Co, exiting entirely with an estimated $1.37M 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 Q3 2017, down from 12 in Q2 2017.
- Funds reported $9.69M 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 Q3 2017, down 9.8% 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 Q3 2017 and 2 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 Q3 2017 was Roosevelt Investment Group, an estimated $581K 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 Q3 2017 was Everett Harris & Co, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2017.