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 $1.31M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
1% more capital invested
Capital invested by funds: $1.3M → $1.31M (+$8K)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$275K |
| 2 |
MCM
Mengis Capital Management
Portland,
Oregon
|
-$5.47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Mengis Capital Management
Portland,
Oregon
| $1.01M | -$5.47K | -191 | -0.6% |
|
|
CCB
2
Cutter & Co Brokerage
Ballwin,
Missouri
| $240K | +$234K | +8,186 | New |
|
|
SIM
3
Sonora Investment Management
Tucson,
Arizona
| $49K | – | – | – |
|
4
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | – | – | – |
|
|
BFPW
5
BOK Financial Private Wealth
Denver,
Colorado
| – | -$275K | -9,800 | Closed |
|
WFC.PRR Hedge Fund Activity: Q4 2020 in Review
4 of the 5,651 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 2020, worth a combined $1.31M — up 0.61% from $1.3M a quarter earlier.
Fund positioning in WFC.PRR was balanced in Q4 2020: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 1 trimmed.
The largest buyer was Cutter & Co Brokerage, opening a new position worth an estimated $234K. The largest seller was BOK Financial Private Wealth, exiting entirely with an estimated $275K 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 Q4 2020, unchanged from Q3 2020.
- Funds reported $1.31M 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 2020, up 0.61% quarter-over-quarter.
- 1 fund 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 2020 and 1 closed out, a net change of 0 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 2020 was Cutter & Co Brokerage, an estimated $234K 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 2020 was BOK Financial Private Wealth, an estimated $275K sold.
Based on aggregated 13F filings for Q4 2020.