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 $1.03M 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 2021 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
21% less capital invested
Capital invested by funds: $1.31M → $1.03M (-$274K)
25% less funds holding
Funds holding: 4 → 3 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mengis Capital Management
Portland,
Oregon
|
+$257 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$240K |
| 2 |
SIM
Sonora Investment Management
Tucson,
Arizona
|
-$10.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Mengis Capital Management
Portland,
Oregon
| $986K | +$257 | +9 | +0% |
|
|
SIM
2
Sonora Investment Management
Tucson,
Arizona
| $38K | -$10.2K | -357 | -21% |
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | – | – | – |
|
|
CCB
4
Cutter & Co Brokerage
Ballwin,
Missouri
| – | -$240K | -8,186 | Closed |
|
WFC.PRR Hedge Fund Activity: Q1 2021 in Review
3 of the 5,695 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 Q1 2021, worth a combined $1.03M — down 21% from $1.31M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of WFC.PRR and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Mengis Capital Management, adding an estimated $257. The largest seller was Cutter & Co Brokerage, exiting entirely with an estimated $240K 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 Q1 2021, down from 4 in Q4 2020.
- Funds reported $1.03M 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 Q1 2021, down 21% 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 Q1 2021 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 Q1 2021 was Mengis Capital Management, an estimated $257 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 Q1 2021 was Cutter & Co Brokerage, an estimated $240K sold.
Based on aggregated 13F filings for Q1 2021.