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.
5 hedge funds and large institutions have $17.1M 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 2018 Q3 according to their latest regulatory filings, with funds opening new positions, 4 increasing their positions, reducing their positions, and 2 closing their positions.
109% more capital invested
Capital invested by funds: $8.16M → $17.1M (+$8.93M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less funds holding
Funds holding: 7 → 5 (-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
|
+$8.82M |
| 2 |
CW
Cobiz Wealth
Denver,
Colorado
|
+$164K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$22.3K |
| 4 |
RIG
Roosevelt Investment Group
New York
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$38K |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$34K |
WFC.PRR Hedge Fund Activity: Q3 2018 in Review
5 of the 4,374 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 2018, worth a combined $17.1M — up 109% from $8.16M 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 0 trimmed existing stakes and 4 added.
The largest buyer was FBL Investment Management Services, adding an estimated $8.82M. The largest seller was Trust Company of Vermont, exiting entirely with an estimated $38K sold.
- 5 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 2018, down from 7 in Q2 2018.
- Funds reported $17.1M 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 2018, up 109% 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 2018 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 2018 was FBL Investment Management Services, an estimated $8.82M 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 2018 was Trust Company of Vermont, an estimated $38K sold.
Based on aggregated 13F filings for Q3 2018.