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.
4 hedge funds and large institutions have $1.3M 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 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 → 4 (+1)
57% less capital invested
Capital invested by funds: $3M → $1.3M (-$1.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
+$268K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$10.1K |
| 3 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$4.31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$2.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Mengis Capital Management
Portland,
Oregon
| $969K | +$4.31K | +158 | +0.5% |
|
|
BFPW
2
BOK Financial Private Wealth
Denver,
Colorado
| $275K | +$268K | +9,800 | New |
|
|
SIM
3
Sonora Investment Management
Tucson,
Arizona
| $47K | – | – | – |
|
|
4
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | +$10.1K | +370 | New |
|
|
LCM
5
Lucas Capital Management
Red Bank,
New Jersey
| – | -$2.04M | -76,858 | Closed |
|
WFC.PRR Hedge Fund Activity: Q3 2020 in Review
4 of the 4,956 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 2020, worth a combined $1.3M — down 57% from $3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new WFC.PRR positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was BOK Financial Private Wealth, opening a new position worth an estimated $268K. The largest seller was Lucas Capital Management, exiting entirely with an estimated $2.04M sold.
- 4 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 2020, up from 3 in Q2 2020.
- Funds reported $1.3M 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 2020, down 57% 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 Q3 2020 and 1 closed out, a net change of +1 holder.
- 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 2020 was BOK Financial Private Wealth, an estimated $268K 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 2020 was Lucas Capital Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q3 2020.