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.
8 hedge funds and large institutions have $9.26M 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 Q4 according to their latest regulatory filings, with funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
4% less capital invested
Capital invested by funds: $9.69M → $9.26M (-$436K)
20% less funds holding
Funds holding: 10 → 8 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMS
FBL Investment Management Services
West Des Moines,
Iowa
|
+$1.02M |
| 2 |
CW
Cobiz Wealth
Denver,
Colorado
|
+$150K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$91.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC
Park National Corp
Newark,
Ohio
|
-$202K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$155K |
| 3 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
-$78.8K |
| 4 |
RIG
Roosevelt Investment Group
New York
|
-$78.4K |
| 5 |
IP
Intellectus Partners
San Francisco,
California
|
-$65K |
WFC.PRR Hedge Fund Activity: Q4 2017 in Review
8 of the 4,409 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 Q4 2017, worth a combined $9.26M — down 4.5% from $9.69M 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 3 trimmed existing stakes and 3 added.
The largest buyer was FBL Investment Management Services, adding an estimated $1.02M. The largest seller was Park National Corp, exiting entirely with an estimated $202K sold.
- 8 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 Q4 2017, down from 10 in Q3 2017.
- Funds reported $9.26M 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 Q4 2017, down 4.5% 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 Q4 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 Q4 2017 was FBL Investment Management Services, an estimated $1.02M 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 Q4 2017 was Park National Corp, an estimated $202K sold.
Based on aggregated 13F filings for Q4 2017.