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.
3 hedge funds and large institutions have $1.35M 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 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 4 closing their positions.
63% less funds holding
Funds holding: 8 → 3 (-5)
80% less capital invested
Capital invested by funds: $6.78M → $1.35M (-$5.43M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$85.2K |
| 2 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$57.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$2.44M |
| 2 |
FIMS
FBL Investment Management Services
West Des Moines,
Iowa
|
-$1.13M |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
-$208K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$14K |
WFC.PRR Hedge Fund Activity: Q3 2019 in Review
3 of the 4,574 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 2019, worth a combined $1.35M — down 80% from $6.78M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of WFC.PRR and 0 opened new positions — a net loss of 4 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Glenmede Trust, adding an estimated $85.2K. The largest seller was Lucas Capital Management, exiting entirely with an estimated $2.44M sold.
- 3 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 2019, down from 8 in Q2 2019.
- Funds reported $1.35M 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 2019, down 80% 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 2019 and 4 closed out, a net change of -4 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 2019 was Glenmede Trust, an estimated $85.2K 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 2019 was Lucas Capital Management, an estimated $2.44M sold.
Based on aggregated 13F filings for Q3 2019.