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 $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 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 2 reducing their positions, and closing their positions.
25% more funds holding
Funds holding: 4 → 5 (+1)
3% less capital invested
Capital invested by funds: $1.03M → $1M (-$27.7K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
ORG Partners
Roanoke,
Indiana
|
+$1.37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mengis Capital Management
Portland,
Oregon
|
-$35.4K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$506 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Mengis Capital Management
Portland,
Oregon
| $881K | -$35.4K | -1,401 | -4% |
|
|
RFG
2
RFP Financial Group
Atlanta,
Georgia
| $91.2K | – | – | – |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $26.6K | -$506 | -20 | -2% |
|
|
CPG
4
Cornerstone Planning Group
Fairfield,
New Jersey
| $2.54K | – | – | – |
|
|
OP
5
ORG Partners
Roanoke,
Indiana
| $1.37K | +$1.37K | +54 | New |
|
WFC.PRR Hedge Fund Activity: Q3 2023 in Review
5 of the 6,301 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 2023, worth a combined $1M — down 2.7% from $1.03M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new WFC.PRR positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was ORG Partners, opening a new position worth an estimated $1.37K. The largest seller was Mengis Capital Management, cutting an estimated $35.4K.
- 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 2023, up from 4 in Q2 2023.
- Funds reported $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 2023, down 2.7% 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 Q3 2023 and 0 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 2023 was ORG Partners, an estimated $1.37K 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 2023 was Mengis Capital Management, an estimated $35.4K sold.
Based on aggregated 13F filings for Q3 2023.